Showing 1 - 8 of 8
Business, Somruedi Banchongduang, Published on 26/04/2024
» Gulf Energy Development clarified that it has no plans to take over Kasikornbank (KBank), attributing its recent increased shareholding in the bank solely to its pursuit of investment gains.
Business, Somruedi Banchongduang, Published on 04/05/2024
» The Bank of Thailand is continuing to freeze the attempt to charge an additional 1% fee to local credit cardholders, prompting card issuers to explore alternative solutions.
Business, Somruedi Banchongduang, Published on 02/05/2024
» The country's four largest banks expect a limited impact from the reduction in their loan interest rates based on the specific customer demographics and the limited time frame of the debt relief measures.
Business, Somruedi Banchongduang, Published on 26/04/2024
» Thai banks are set to cut the minimum retail rate (MRR) by 25 basis points for a period of six months, aiming to alleviate the debt burden for vulnerable customers in response to the prime minister asking lenders to lower interest rates for vulnerable groups and small businesses.
Business, Somruedi Banchongduang, Published on 20/04/2024
» Bangkok Bank (BBL) and SCB X reported slight increases in their net profits in the first quarter this year, fuelled by higher net interest income, but tempered by a rise in loan-loss reserves.
Business, Somruedi Banchongduang, Published on 19/04/2024
» The banking sector is poised for higher non-performing loans (NPLs) in the first quarter this year, stemming from retail and small and medium-sized enterprises (SMEs), according to brokerages.
Business, Somruedi Banchongduang, Published on 10/04/2024
» Siam Commercial Bank (SCB) and Krungthai Bank (KTB) have allocated provisions for potential loan losses related to Italian-Thai Development Plc (ITD), aligning with the asset quality of one of the country's leading contractors.
Business, Somruedi Banchongduang, Published on 03/04/2024
» Thai banks are being urged to ramp up their technology transformation efforts to enhance their income after a study found they had the lowest return on equity (ROE) ratio in the region, despite maintaining strong competitiveness compared with their regional peers.