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GENERAL

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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GENERAL

SCB assesses its digital future

Business, Somruedi Banchongduang, Published on 07/10/2023

» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.

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BUSINESS

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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BUSINESS

BoT urges talks before passbook halt

Business, Somruedi Banchongduang, Published on 04/01/2019

» The Bank of Thailand is demanding commercial banks discuss whether they intend to cancel physical passbooks in the future because it wants to ensure banks will offer proper services to customers.

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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).

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BUSINESS

SSI to finish rehab plan by August

Business, Somruedi Banchongduang, Published on 28/03/2016

» The business rehabilitation plan for Sahaviriya Steel Industries Plc (SSI) is expected to be completed by August, one of its bank creditors has said. Among the crucial elements of the programme are a debt-to-equity swap and a new strategic partner.

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BUSINESS

SSI rehabilitation plan 'almost ready'

Business, Somruedi Banchongduang, Published on 17/02/2016

» The business rehabilitation plan of Sahaviriya Steel Industries Plc, the country's largest maker of hot-rolled coil steel, will soon be finished, says Siam Commercial Bank (SCB), one of SSI's major creditors.

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BUSINESS

After taking the lead in assets, KTB shifts aim

Business, Somruedi Banchongduang, Published on 02/07/2015

» State-owned Krungthai Bank (KTB) has decided to focus on profit improvement after surpassing Bangkok Bank (BBL) as the country's largest lender by assets and deposits, a major milestone reached in the first quarter this year.

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BUSINESS

Special mortgages rare at Money Expo

Business, Somruedi Banchongduang, Published on 08/05/2015

» Banks are surprisingly not as keen to offer special mortgages at this year's Money Expo, and bankers say this indicates low demand in the property market.

BUSINESS

Banks offering low-rate mortgages to flood victims

Business, Somruedi Banchongduang, Published on 22/03/2012

» Banks are offering special mortgage rates for customers in flood-hit areas as they begin to implement the central bank's soft-loan programme.