Showing 1-10 of 13 results
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The far corners of banking
Business, Somruedi Banchongduang, Published on 31/07/2018
» As the high-income market approaches saturation, Kasikornbank (KBank) is shifting its customer acquisition focus to the lower-income segment, where strong demand for financial services remains.
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Krungsri Research upbeat on economic forecast for Q1
Business, Somruedi Banchongduang, Published on 24/02/2024
» Krungsri Research forecasts the Thai economy will not enter a technical recession as the outlook improved for the first quarter this year.
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BoT keeps wary eye on bond rollovers
Business, Somruedi Banchongduang, Published on 14/08/2023
» The Bank of Thailand is monitoring the rollover of corporate bonds in the second half after more defaults occurred in the first half, dampening bond market sentiment.
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BoT keeps measured approach on monetary policy tactics
Business, Somruedi Banchongduang, Published on 25/08/2022
» The Bank of Thailand plans to maintain a gradual approach to normalising monetary policy throughout this year, according to its chief.
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UOB helps Thai SMEs digitalise
Business, Somruedi Banchongduang, Published on 09/03/2022
» UOB Thailand is supporting local entrepreneurs to digitalise their business operations and strengthen their competitiveness in international markets amid the global economic rebound.
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Banking trio announce uneven Q1 results
Business, Somruedi Banchongduang, Published on 21/04/2020
» The unaudited consolidated net profit of three commercial banks -- Siam Commercial Bank (SCB), TMB Bank and Tisco Financial Group -- were mixed for the first quarter, with most recording a bad loan uptick, while SCB's chief warned Covid-19 impacts will be apparent in future quarters.
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Big banks cut rates by 40 basis points
Somruedi Banchongduang, Published on 09/04/2020
» The country’s six largest commercial banks have passed on cost savings after the Bank of The country’s six largest commercial banks have passed on cost savings after the Bank of Thailand lowered their required contribution to the Financial Institutions Development Fund (FIDF), trimming prime lending rates by 40 basis points to blunt the coronavirus impact on debtors.
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KTB prepares to buffer clientele against economy
Business, Somruedi Banchongduang, Published on 14/02/2020
» Krungthai Bank (KTB) could be required to set aside higher loan-loss provisions to deal with a potential bad-loan uptick this year as the deteriorating debt-servicing ability of clients is further hit by the sagging economy.
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Rate stands in tighter vote
Business, Somruedi Banchongduang, Published on 15/11/2018
» The Bank of Thailand kept its policy rate unchanged yesterday, but the close vote of 4-3 added to the likelihood of the first rate hike in more than seven years at 2019's final meeting in December.
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BoT tamps down on mortgage lending
Business, Somruedi Banchongduang, Published on 03/10/2018
» The Bank of Thailand has set out measures to rein in mortgage lending after it found widespread search-for-yield behaviour in the residential market, with some banks extending housing loans exceeding the central bank's guidance.
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