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MOTORING

Auto loan segment volatile

Somruedi Banchongduang, Published on 20/01/2024

» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.

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GENERAL

Banking on responsible lending

Business, Somruedi Banchongduang, Published on 18/11/2023

» As authorities try to ease swelling household debt, the Bank of Thailand plans to implement responsible lending guidelines to improve loan quality in the financial system, starting on Jan 1, 2024.

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GENERAL

Improving the auto loan sector's standards

Business, Somruedi Banchongduang, Published on 26/08/2023

» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.

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BUSINESS

KBank's digital push focuses on startups

Business, Somruedi Banchongduang, Published on 31/07/2019

» Kasikornbank (KBank) plans to turn its focus to adding more startups to its digital banking roster to increase user activities and income, while searching for new business opportunities after teaming up with three online platform giants: Grab, Line and Facebook.

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BUSINESS

Treading a familiar path to super-app status

Business, Somruedi Banchongduang, Published on 12/11/2022

» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.

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BUSINESS

Silver lining in the debt deluge

Business, Somruedi Banchongduang, Published on 19/02/2022

» Sukhumvit Asset Management Company (SAM) is optimistic non-performing loans (NPLs) in the hotel and tourism-related sectors can be contained as some investors are keen to extend fresh funding for properties with potential in preparation for the medical tourism trend when travel ramps back up again.

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BUSINESS

SCB eager to usher in digital transformation

Business, Somruedi Banchongduang, Published on 04/06/2021

» Siam Commercial Bank (SCB) is planning new business strategies under what it calls the three generations of financial services, in preparation for a changing banking landscape in the post-Covid era.

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BUSINESS

TCRB sees drop in bad loans

Business, Somruedi Banchongduang, Published on 29/07/2019

» Even though low-income earners are considered higher risk and they are reeling from the country's weaker economy, Thai Credit Retail Bank (TCRB), whose main customers are low-income earners, saw a dip in its bad loan ratio thanks to better financial discipline.

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BUSINESS

The far corners of banking

Business, Somruedi Banchongduang, Published on 31/07/2018

» As the high-income market approaches saturation, Kasikornbank (KBank) is shifting its customer acquisition focus to the lower-income segment, where strong demand for financial services remains.

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BUSINESS

Drawing on experience

Business, Somruedi Banchongduang, Published on 05/08/2017

» Pete's Philosophy is a Facebook page created by Suripong Tantiyanon, Visa's country manager for Thailand, to give inspiration for life and work to more than 100,000 fans. He made the page for fun three years ago during a short career break after resigning from Siam Commercial Bank (SCB).