Showing 1-3 of 3 results
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SCB launches China platform
Business, Somruedi Banchongduang, Published on 19/03/2020
» Siam Commercial Bank (SCB) and China's e-commerce giant JD.com have jointly launched an e-commerce platform to open more opportunities for Thai small-business operators to access the Chinese market.
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TMB Q4 profit plummets
Business, Somruedi Banchongduang, Published on 18/01/2017
» TMB Bank (TMB), the country's seventh-largest lender by assets, saw its unaudited fourth-quarter net profit fall by 18.4% year-on-year as higher impairment costs hit its bottom line.
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Letters of credit losing ground
Business, Somruedi Banchongduang, Published on 17/06/2016
» Rapid growth in the e-commerce market has taken a bite out of banks' letters of credit, whose ratio is expected to fall to 10% of commercial loans in the next decade, says Songpol Chevapanyaroj, Krungthai Bank (KTB) senior executive vice-president.
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