Showing 1 - 10 of 40
Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
Scotiabank holding on to TBank
Business, Somruedi Banchongduang, Published on 06/04/2017
» Bank of Nova Scotia (Scotiabank) is still committed to a long-term investment in Thanachart Bank (TBank), a top executive of the parent firm says.
Scotiabank shelves TBank divestment
Business, Somruedi Banchongduang, Published on 07/09/2016
» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.
Locals firms prefer digital over virtual
Business, Somruedi Banchongduang, Published on 17/03/2023
» Local banks are focusing on nudging their customers to digital platforms to grow services there, instead of applying for the central bank's upcoming virtual bank licence.
LHFG to expand Taiwan loan portfolio
Business, Somruedi Banchongduang, Published on 03/03/2023
» Land and Houses Financial Business Group (LHFG), a holding company of LH Bank, aims to grow its Taiwanese banking business more aggressively this year, boosted by manufacturing relocation by multinational and Taiwanese firms to Asean amid deglobalisation.
Agency preps operations for new deposit variety
Business, Somruedi Banchongduang, Published on 20/01/2023
» The Deposit Protection Agency (DPA) plans to safeguard customers' accounts at the proposed virtual banks, with the agency preparing its internal operations in line with this new offering.
E.SUN unveils local office
Business, Somruedi Banchongduang, Published on 26/08/2022
» Taiwan's E.SUN Bank opened its first representative office in Bangkok on Tuesday, aiming to provide financial services for Taiwanese corporations.
LH Bank zeroes in on Taiwanese prospects
Business, Somruedi Banchongduang, Published on 09/08/2022
» Land and Houses Bank (LH Bank) is putting more focus on Taiwanese businesses in Thailand, aiming for 70% loan growth in this corporate customer segment in 2022.
Banks expected to delay rate hike
Business, Somruedi Banchongduang, Published on 04/08/2022
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes the banking sector will delay raising the interest rate in line with the Bank of Thailand's anticipated gradual policy rate hike.
LH Bank aims to expand Taiwan base
Business, Somruedi Banchongduang, Published on 04/03/2022
» Land and Houses Bank (LH Bank) aims to expand its Taiwanese corporate customer base by 500 companies in five years thanks to positive growth of the Asean economy and Thailand's strong fundamentals.