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BUSINESS

SCB eyes doubling 2020 digital lending

Business, Somruedi Banchongduang, Published on 13/08/2019

» Siam Commercial Bank (SCB) aims to double its new digital lending next year, hoping to offset slower potential retail loan expansion in the traditional channel because of the central bank's lending guidance on debt-service ratio (DSR).

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BUSINESS

SCB tightens loans for certain groups

Business, Somruedi Banchongduang, Published on 29/08/2019

» Siam Commercial Bank (SCB) has tightened credit card approvals for vulnerable groups in accordance with the central bank's guidance aimed at controlling asset quality of unsecured loans and lowering stubborn household debt.

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BUSINESS

LH Bank sees brighter days next year

Business, Somruedi Banchongduang, Published on 05/10/2019

» Land and Houses Bank (LH Bank), the financial arm of property developer Land and Houses Plc (LH), has set an aggressive target to double new mortgages to 8 billion baht next year after a flat showing anticipated this year.

BUSINESS

KBank looking at mid-income range

Business, Somruedi Banchongduang, Published on 12/12/2019

» Kasikornbank (KBank) has expanded into the middle-income segment to penetrate a new customer base for bancassurance and mutual fund business, aiming to rev up fee-based income next year.

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BUSINESS

KBank sees diminished baht

Business, Somruedi Banchongduang, Published on 21/05/2021

» Kasikornbank (KBank) forecasts the baht will weaken further against the US dollar by June this year because of dividend repatriation by foreign investors and the country's lower current account surplus.

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BUSINESS

SCB eager to usher in digital transformation

Business, Somruedi Banchongduang, Published on 04/06/2021

» Siam Commercial Bank (SCB) is planning new business strategies under what it calls the three generations of financial services, in preparation for a changing banking landscape in the post-Covid era.

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BUSINESS

JSCCIB predicts Q4 recovery amid jabs

Business, Somruedi Banchongduang, Published on 10/06/2021

» The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) expects the Thai economy to pick up in the fourth quarter this year -- faster than earlier projections of the first quarter of next year -- if the government can maintain momentum of its vaccine programme.

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BUSINESS

Jab success supports 5% Q4 growth tally

Business, Somruedi Banchongduang, Published on 11/06/2021

» The third wave of the pandemic is projected to end in July, which could support Thai economic growth of 5% in the final quarter this year if the government can maintain a vaccination rate of 400,000 doses per day, says Kasikorn Research Center (K-Research).

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BUSINESS

KTB, Accenture join for tech tie-up

Business, Somruedi Banchongduang, Published on 15/12/2021

» Krungthai Bank (KTB) has teamed up with global strategy and consulting firm Accenture to set up a joint venture company developing tech talent to grow the country's digital economy in the long run.

BUSINESS

Line BK searches for partners to expand

Business, Somruedi Banchongduang, Published on 16/02/2022

» Line BK, a social banking platform collaboration between Kasikornbank (KBank) and Line Corporation, plans to add local partners to strengthen its digital ecosystem beyond finance to access a larger customer base nationwide.