Showing 1-10 of 116 results
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Scotiabank shelves TBank divestment
Business, Somruedi Banchongduang, Published on 07/09/2016
» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.
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Silver lining in the debt deluge
Business, Somruedi Banchongduang, Published on 19/02/2022
» Sukhumvit Asset Management Company (SAM) is optimistic non-performing loans (NPLs) in the hotel and tourism-related sectors can be contained as some investors are keen to extend fresh funding for properties with potential in preparation for the medical tourism trend when travel ramps back up again.
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TCRB sees drop in bad loans
Business, Somruedi Banchongduang, Published on 29/07/2019
» Even though low-income earners are considered higher risk and they are reeling from the country's weaker economy, Thai Credit Retail Bank (TCRB), whose main customers are low-income earners, saw a dip in its bad loan ratio thanks to better financial discipline.
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Scotiabank holding on to TBank
Business, Somruedi Banchongduang, Published on 06/04/2017
» Bank of Nova Scotia (Scotiabank) is still committed to a long-term investment in Thanachart Bank (TBank), a top executive of the parent firm says.
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Superrich digitising with fintech company
Business, Somruedi Banchongduang, Published on 27/02/2017
» Superrich International Exchange (1965) Co, a leading local money changer, is dipping its toe into the burgeoning financial technology (fintech) sector. It is looking to set up a new company to digitise its services, a move that could disrupt the traditional foreign exchange business.
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Fighting cyberthieves
Business, Somruedi Banchongduang, Published on 03/10/2016
» Sending money and paying utility bills used to require a trip down to the bank during office hours. Today, thanks to smartphones and tablets, those same tasks can be done anytime and anywhere through websites or mobile financial apps.
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Borrowers face tougher credit checks
Business, Somruedi Banchongduang, Published on 16/04/2015
» Wary lenders are expected to carry out more rigorous checks of borrowers' credit history to guard against higher bad loans as the country's economic recovery has yet to gather pace and the high household debt continues to rise.
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Interest income to drive banking profits
Business, Somruedi Banchongduang, Published on 19/10/2023
» Kasikorn Research Center (K-Research) expects total net banking profits to rise to around 190 billion baht for the first nine months of this year, supported by rising interest income in line with policy rate hikes.
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K-Research frets over large budget
Business, Somruedi Banchongduang, Published on 27/09/2023
» Kasikorn Research Center (K-Research) is increasingly concerned about Thailand's sovereign credit rating because of the large budget needed to fund the government's stimulus schemes.
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Economist backs consumption stimulus measures
Business, Somruedi Banchongduang, Published on 21/09/2023
» The government's policy of stimulating private consumption is reasonable to sustain Thailand's economic growth amid global uncertainties, says an economist with Standard Chartered Bank (Thai).
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