Showing 1-10 of 358 results
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Virtual bank applications to open in March
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.
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With China, possibilities abound for SCB
Business, Somruedi Banchongduang, Published on 17/07/2019
» Greater opportunities for Thailand as a destination for China's outbound investment have been spotted as trade diversifies amid the US-China trade dispute, according to a Siam Commercial Bank (SCB) senior executive.
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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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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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Thai Credit Retail Bank sticks with organic growth to double
Business, Somruedi Banchongduang, Published on 16/10/2018
» Thai Credit Retail Bank (TCRB) wants to continue growing organically, aiming to almost double net profit in the next few years and more than double its asset size.
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Auto title loan firms face new rules
Business, Somruedi Banchongduang, Published on 26/01/2019
» The Bank of Thailand expects the amended regulations governing auto title loans, including a cap on interest rates and practical guidelines for operators, to take effect next month.
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Ministry, BoT affirm SME loan deadline
Business, Somruedi Banchongduang, Published on 08/06/2018
» The Finance Ministry and the Bank of Thailand have confirmed that the deadline for requiring banks to use financial accounts submitted to the Revenue Department by small and medium-sized enterprises (SMEs) for loan approvals is still on track for the start of next year.
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PromptPay usage hits record high in 2023
Business, Somruedi Banchongduang, Published on 12/04/2024
» Financial transactions via PromptPay, Thailand’s national electronic payment platform, tallied a new high last year, while cash transactions posted a notable decline.
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Banks see flat loan growth
Business, Somruedi Banchongduang, Published on 26/01/2024
» The banking sector booked flat loan growth last year as a result of debt repayment by borrowers and banks' increased scrutiny of loan expansion amid heightened economic uncertainties.
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UOB joins Board of Investment to encourage outlays
Business, Somruedi Banchongduang, Published on 12/01/2024
» UOB Thailand is ready to support clients in both inbound and outbound investment in Southeast Asia, with rapid growth of foreign direct investment (FDI) expected for the region.
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