Showing 1-10 of 160 results
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Banks note rising profits
Business, Somruedi Banchongduang, Published on 20/04/2024
» Bangkok Bank (BBL) and SCB X reported slight increases in their net profits in the first quarter this year, fuelled by higher net interest income, but tempered by a rise in loan-loss reserves.
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Krungsri bullish on SME loan growth
Business, Somruedi Banchongduang, Published on 05/04/2024
» Bank of Ayudhya (Krungsri) is upbeat about achieving small and medium-sized enterprise (SME) loan growth of 2-3% this year, following an uptick in the first quarter as the Thai economy gradually recovers.
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World Bank cuts Thai growth forecast
Business, Somruedi Banchongduang, Published on 02/04/2024
» The World Bank has slashed its forecast for Thailand's GDP growth in 2024 to 2.8%, citing a global trade slowdown and delays in the country's fiscal budget disbursement.
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Ttb rules out sale of bad debts
Business, Somruedi Banchongduang, Published on 06/03/2024
» Despite a higher level of non-performing loans (NPLs) in the industry, TMBThanachart Bank (ttb) has no plans to sell its bad debts this year as potential buyers are offering relatively low prices.
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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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Call for better integration of the informal economy
Business, Somruedi Banchongduang, Published on 20/02/2024
» The Thai Bankers' Association (TBA) is urging the government to bring the informal economy into the economic system to promote transparency and support the country's digital economy.
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Panel likely to maintain policy rate
Business, Somruedi Banchongduang, Published on 07/02/2024
» The Bank of Thailand is expected to maintain its policy rate at Wednesday's Monetary Policy Committee (MPC) meeting, while the central bank will trim its 2024 growth projections in line with a slower growth trajectory.
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Krungsri keen for retail regional push
Business, Somruedi Banchongduang, Published on 02/02/2024
» Krungsri (Bank of Ayudhya) plans to expand its retail banking business in regional markets because of the high growth potential of Southeast Asian economies.
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Central bank set to cut growth outlook
Business, Somruedi Banchongduang, Published on 01/02/2024
» The Bank of Thailand (BoT) is likely to slash the country's gross domestic product (GDP) outlook for 2024 after growth in the fourth quarter of last year was weaker than expected.
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MPC calls for human capital investment
Business, Somruedi Banchongduang, Published on 23/01/2024
» Thailand needs human capital investment for sustained growth in the long term amid the sluggish economy post-pandemic, says a member of the Bank of Thailand's Monetary Policy Committee (MPC).
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