Showing 1 - 10 of 33
Mizuho reports solid loan improvement
Business, Somruedi Banchongduang, Published on 10/04/2012
» The Bangkok branch of Mizuho Corporate Bank has booked positive loan growth in Thailand since the beginning of the year, supported by the recovery of Japanese business clients after last year's floods, says general manager Noritaka Takahashi.
SSI lenders agree to ease short-term conditions
Business, Somruedi Banchongduang, Published on 17/08/2012
» Local lenders are not worried about the poor performance of Sahaviriya Steel Industry (SSI) under its capital restructuring plan, as creditors agreed to ease short-term loan conditions in order to improve its liquidity amid falling global steel prices.
Thai banks leap as cheap cash pours in
Business, Somruedi Banchongduang, Published on 24/09/2012
» Local banks have been aggressively raising funds in the international markets to help lock in low-cost funding as a result of loose monetary policies by the US Federal Reserve.
Status quo points to new fund inflows
Business, Somruedi Banchongduang, Published on 11/10/2013
» The US Federal Reserve's monthly asset purchases, expected to continue until next year, could lure offshore funds to the Thai capital market in the short run, says a senior HSBC official.
KTB seeks to cut bad debt
Business, Somruedi Banchongduang, Published on 05/11/2013
» Krungthai Bank (KTB) is slowing down its microfinance business in a bid to curb non-performing loans (NPLs) that have climbed in line with its growing loan portfolio, said senior vice-president Weidt Nuchjalern.
First-time workers lift loans levels
Business, Somruedi Banchongduang, Published on 09/12/2013
» First-time workers are running up debt in a fresh sign of swelling household debt after some improvement in the situation in recent months.
Economy, protests take bite out of life assurance
Business, Somruedi Banchongduang, Published on 20/12/2013
» The life assurance sector expects to see first-year premiums miss their target on the back of poor economic sentiment and political chaos, says Bangkok Life Assurance (BLA).
KBank plastic use down in December
Business, Somruedi Banchongduang, Published on 13/01/2014
» Kasikornbank (KBank) says the political turmoil has hit consumer spending, as evidenced by the use of its credit cards over the recent festive season.
Baht bounces back on poor US jobs data
Business, Somruedi Banchongduang, Published on 15/01/2014
» The baht yesterday strengthened to its highest level in almost three months, while Thai shares extended Monday's 2.24% gain on eased concerns after the Bangkok shutdown remained peaceful.
Downgrade possible, says KBank
Business, Somruedi Banchongduang, Published on 20/05/2014
» Thailand's credit outlook is at risk of being cut to negative from stable by three large international credit rating agencies by the third quarter due to the protracted political chaos, says a senior executive at Kasikornbank (KBank).