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Showing 1-10 of 10 results
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SAGI mulls plan of action to right ship
Business, Somruedi Banchongduang, Published on 17/08/2016
» Sri Ayudhya General Insurance (SAGI) is considering options, including a paid-up capital reduction and asset acquisitions, in a bid to lower its excessive capital adequacy ratio (CAR).
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Banks hesitate in rush to cashless era
Business, Somruedi Banchongduang, Published on 12/04/2023
» The banking industry's push to discourage the use of cash led some to believe it was a good idea to charge fees for cash transactions and suspend cardless money withdrawals at ATMs.
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Using digital tech, SCB X eyes virtual bank licence
Business, Somruedi Banchongduang, Published on 08/04/2023
» SCB X, a holding company of Siam Commercial Bank (SCB), is keen to obtain a virtual bank licence as part of its five-year business strategy.
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Banks prepare new Central Fraud Registry
Business, Somruedi Banchongduang, Published on 12/01/2023
» The Thai Bankers' Association (TBA) is working to set up the Central Fraud Registry to probe financial fraud in the banking industry.
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KTB clears the air on accusations against exec
Business, Somruedi Banchongduang, Published on 27/02/2019
» Krungthai Bank (KTB) president Payong Srivanich has clarified that the allegations against a former executive linked to loans extended to Energy Earth were made to protect the bank's interests.
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Central bank steps in to slow baht slide
Business, Somruedi Banchongduang, Published on 13/07/2018
» The Bank of Thailand has moved to curb the baht's rapid retreat against the greenback as the local currency hit a nine-month low.
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Loan demand expected to raise rates
Business, Somruedi Banchongduang, Published on 06/01/2017
» Banks' lending rates are expected to start rising in the second half of this year due to stronger loan demand prompted by the improving economy and accelerated state investment in big-ticket infrastructure projects, says TMB Bank's chief.
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Banks back megaproject bill
Business, Somruedi Banchongduang, Published on 20/09/2013
» The government plans to borrow 60% of the money required for its 2-trillion-baht infrastructure megaprojects from local financial sources and the remaining 40% from issuing US-dollar bonds.
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Thanachart Bank weighing suitors for its Siam City Life
Business, Somruedi Banchongduang, Published on 09/08/2013
» Thanachart Bank, Thailand's sixth-biggest lender by assets, is assessing subsidiary Siam City Life Assurance's future after several local firms showed interest in acquiring its licence.
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Forex firms form Tafex association
Business, Somruedi Banchongduang, Published on 30/11/2012
» Local money changers have set up the Thai Association of Foreign Exchange (Tafex) to upgrade small foreign exchange businesses to international standards.
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