Showing 1-10 of 11 results
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LH Bank sets out 5-year expansion plan
Business, Somruedi Banchongduang, Published on 04/03/2024
» Land and Houses Bank (LH Bank), the financial arm of property developer Land and Houses Plc (LH), wants to upgrade to a mid-sized bank by 2030, driven by robust loan growth and improving income.
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9 banks seek central bank MFLF aid
Business, Somruedi Banchongduang, Published on 30/04/2020
» Nine commercial banks have sought liquidity support worth a total of 56 billion baht for their purchases of mutual fund units through the Bank of Thailand's Mutual Fund Liquidity Facility (MFLF) as of April 24, according to central bank data.
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CIMBT touts growth supported by Asean network
Business, Somruedi Banchongduang, Published on 19/09/2019
» CIMB Bank Thai (CIMBT) expects to maintain double-digit growth for corporate loans this year based on an extensive Asean network and deeper integration in the region.
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Worldlease set to meet target
Business, Somruedi Banchongduang, Published on 25/08/2017
» Worldlease Co Ltd, the motorcycle leasing arm of CIMB Thai Bank (CIMBT), says it will soon attain its full-year growth target of 18-20% for new loans.
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SCB eyes more corporate clients
Business, Somruedi Banchongduang, Published on 19/09/2016
» Siam Commercial Bank (SCB), the country's third largest lender by assets, is seeking a bigger footprint in the small and medium-sized enterprise (SME) and local corporate business segments.
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TBank gets tough on bad loans
Business, Somruedi Banchongduang, Published on 08/08/2015
» Thanachart Bank (TBank), the country's sixth-largest lender by assets, has stepped up measures to reduce its non-performing loans (NPLs) in a bid to raise its coverage ratio next year to be on a par with the industry average of 130%.
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Baker Tilly's M&A business hitting its stride in Thailand
Business, Somruedi Banchongduang, Published on 06/11/2014
» The formation of the Asean Economic Community (AEC) late next year and Thailand's established infrastructure system have helped to double outbound and inbound merger and acquisition (M&A) deals by Baker Tilly Corporate Advisory Services (Thailand) this year.
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Lure of Easy Money nets pawn patrons
Business, Somruedi Banchongduang, Published on 24/10/2013
» As household debt balloons and living costs rise, pawn shops continue to act as a last resort for cash. Easy Money, Thailand's largest private pawn shop operator, has booked a 20% increase in customers in recent months.
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Thanachart aims to extend more auto and SME loans
Business, Somruedi Banchongduang, Published on 15/10/2013
» CHA-AM : Thanachart Bank, Thailand's sixth-largest lender by assets, will focus on high-yielding financial products to improve profitability.
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Pace keeps IPO plan on course
Business, Somruedi Banchongduang, Published on 24/06/2013
» Pace Development has confirmed its planned IPO remains on track for July or August despite the free fall in global stock markets including the Thai bourse.
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