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BUSINESS

After taking the lead in assets, KTB shifts aim

Business, Somruedi Banchongduang, Published on 02/07/2015

» State-owned Krungthai Bank (KTB) has decided to focus on profit improvement after surpassing Bangkok Bank (BBL) as the country's largest lender by assets and deposits, a major milestone reached in the first quarter this year.

BUSINESS

New code sparks concerns

Business, Somruedi Banchongduang, Published on 03/12/2014

» Banks are calling for the liability of guarantors to be similar to that of co-signers in the amended Civil and Commercial Code, saying it could otherwise hurt international trade and borrowing as well as corporate loans.

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BUSINESS

Special mortgages rare at Money Expo

Business, Somruedi Banchongduang, Published on 08/05/2015

» Banks are surprisingly not as keen to offer special mortgages at this year's Money Expo, and bankers say this indicates low demand in the property market.

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GENERAL

Krungsri upbeat on outlook for Japanese, multinational loans

Business, Somruedi Banchongduang, Published on 30/04/2024

» Bank of Ayudhya (Krungsri) has set an ambitious loan growth target for its Japanese and multinational corporation (JPC/MNC) banking business this year, despite experiencing a loan contraction in this segment last year.

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GENERAL

Banks agree to reduce loan rates

Business, Somruedi Banchongduang, Published on 26/04/2024

» Thai banks are set to cut the minimum retail rate (MRR) by 25 basis points for a period of six months, aiming to alleviate the debt burden for vulnerable customers in response to the prime minister asking lenders to lower interest rates for vulnerable groups and small businesses.

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GENERAL

Tisco sees high-yield lending strategy spurring NPLs

Business, Somruedi Banchongduang, Published on 23/04/2024

» Tisco Bank expects its non-performing loans (NPLs) to rise this year as the bank focuses on high-yield loans in an effort to enhance returns.

GENERAL

UOB eyes partners to help SMEs hit sustainability goals

Business, Somruedi Banchongduang, Published on 06/04/2024

» UOB Thailand has teamed up with the government and private sector to assist local small and medium-sized enterprises (SMEs) in their transition towards business sustainability.

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GENERAL

Krungsri bullish on SME loan growth

Business, Somruedi Banchongduang, Published on 05/04/2024

» Bank of Ayudhya (Krungsri) is upbeat about achieving small and medium-sized enterprise (SME) loan growth of 2-3% this year, following an uptick in the first quarter as the Thai economy gradually recovers.

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GENERAL

Ttb's digital platform pivotal to lifting fee income growth

Business, Somruedi Banchongduang, Published on 04/04/2024

» TMBThanachart Bank (ttb) is developing its digital banking platform to cater to commercial customers, with a keen focus on aggressively increasing fee income in this segment this year.

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GENERAL

Robust growth targets amidst stronger scrutiny

Business, Somruedi Banchongduang, Published on 30/03/2024

» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (Krungsri), is committed to prioritising responsible lending practices to control asset quality, even as it sets ambitious growth goals for 2024.