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Showing 1-8 of 8 results
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Banks focus on vulnerable amid uneven recovery
Business, Somruedi Banchongduang, Published on 23/09/2022
» Local banks have continued to support vulnerable customers amid the uneven economic recovery and the upward trend of non-performing loans (NPLs).
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BoT demonstrates economic gains despite inflation spike
Business, Somruedi Banchongduang, Published on 01/07/2022
» Thailand's economy has continued to rebound, reflected by better signals in the May economic data, despite a sharp spike in the inflation rate, according to the Bank of Thailand.
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KTC increases credit card loan rejections
Business, Somruedi Banchongduang, Published on 06/07/2021
» Krungthai Card (KTC), a leading credit card provider, has been declining more requests for credit card loans because of waning ability of debt repayment of consumers amid the prolonged outbreak.
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SCB mortgage denial drops
Business, Somruedi Banchongduang, Published on 29/08/2016
» Siam Commercial Bank (SCB) bucked the industry trend after its rejection rate for mortgage applications fell to 17% in the first half, with the bank's current customers accounting for most of its housing loan borrowers during the period.
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Banks expect slower loan growth
Business, Somruedi Banchongduang, Published on 04/01/2014
» After growing at a brisk pace in recent years, bank loans will probably lose steam this year in a fresh sign of the murky economic outlook.
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K-Leasing shifts gears to pick-up trucks
Business, Somruedi Banchongduang, Published on 25/12/2013
» Kasikorn Leasing Ltd (K-Leasing), a subsidiary of Kasikornbank (KBank), is focusing on pick-up truck loans amid waning new car sales and aims to expand these loans to 40% of its portfolio by 2018.
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ICBC Leasing shifts to corporate clients
Business, Somruedi Banchongduang, Published on 31/05/2013
» ICBC (Thai) Leasing, a subsidiary of the Industrial and Commercial Bank of China (Thai), is seeking more corporate business to offset the waning purchasing power of retail clients.
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Banks record healthy 21% net profit
Business, Somruedi Banchongduang, Published on 21/01/2012
» The banking sector recorded net profit of 106.83 billion baht last year, up 21% year-on-year from 88.31 billion. Siam Commercial Bank posted the industry's largest net profit of 36.27 billion baht, a high for that institution.
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