Showing 1-10 of 16 results
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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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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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Filling a prescription for career success
Business, Somruedi Banchongduang, Published on 04/04/2020
» Like many graduates who embark on a career to match the degree they earned, Pipit Aneaknithi started out as a pharmacist until his passion to make a difference turned him into a banker.
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SCB sets sights on SSI debt
Business, Somruedi Banchongduang, Published on 07/04/2018
» Siam Commercial Bank (SCB), the country's second-largest lender by assets, conservatively estimates it can recover more than one-third of Sahaviriya Steel Industries' (SSI's) 22-billion-baht debt after the country's largest hot-rolled steel maker completes its 12-year debt rehabilitation plan.
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Tisco eyes lower NPL on high coverage
Business, Somruedi Banchongduang, Published on 13/01/2017
» Tisco Bank, a subsidiary of Tisco Financial Group Plc, expects lower impairment charges this year as its coverage ratio exceeds the industry's average level.
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SSI default hammers SCB's quarterly profit
Business, Somruedi Banchongduang, Published on 20/10/2015
» Full provisions after the debt default of SET-listed Sahaviriya Steel Industries (SSI) and its subsidiary SSI UK Ltd took a bite out of consolidated third-quarter net profit at Siam Commercial Bank (SCB).
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SSI woes lower large banks' Q3 profits
Business, Somruedi Banchongduang, Published on 22/10/2015
» Large provision expenses have taken a toll on all four large commercial lenders' third-quarter net profits.
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SSI loan reserves set to wallop three banks
Business, Somruedi Banchongduang, Published on 23/09/2015
» Large provision requirements for loans to Sahaviriya Steel Industries Plc's British plant are expected to hammer the 2015 earnings of SSI's three lenders -- Siam Commercial Bank (SCB), Krungthai Bank (KTB) and Tisco Bank, say securities analysts.
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Main lenders look at SSI restructuring
Business, Somruedi Banchongduang, Published on 25/09/2015
» Three major lenders of Sahaviriya Steel Industries Plc (SSI) have started discussing a financial restructuring plan after calling default for debt owed by the steel maker's British subsidiary.
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SCB eager to finance Dawei project
Business, Somruedi Banchongduang, Published on 25/08/2015
» Siam Commercial Bank (SCB) is gearing up to offer financial facilities to fund investment by Italian-Thai Development Plc (ITD) in Myanmar's Dawei deep-sea port and special economic zone.
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