Showing 51 - 60 of 2,674
Foreign currency deposits post healthy uptick in 2023
Business, Somruedi Banchongduang, Published on 05/03/2024
» Foreign currency deposits (FCDs) experienced a robust surge last year, driven by enticing interest rates resulting from global interest rate hikes.
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.
Use cases studied for open data
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand expects initial use cases under its open banking policy to be implemented next year, aiming to provide consumers with better access to financial services.
Virtual bank applications to open in March
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.
KBank eyes gain for regional banking
Business, Somruedi Banchongduang, Published on 29/02/2024
» Kasikornbank (KBank) is projecting 20% revenue growth for its regional banking business this year, in line with economic growth in Indonesia, Vietnam and China.
Dip in deposits for 2023
Somruedi Banchongduang, Published on 26/02/2024
» The value of deposits under the supervision of the Deposit Protection Agency (DPA) in 2023 fell by 0.5% year-on-year, the first decline in a decade, attributed to the top and the bottom-tier deposit segments, said DPA president Songpol Chevapanyaroj.
Agency records 0.5% year-on-year drop in deposits last year
Business, Somruedi Banchongduang, Published on 27/02/2024
» The value of deposits under the supervision of the Deposit Protection Agency (DPA) in 2023 fell by 0.5% year-on-year, the first decline in a decade, attributed to the top and the bottom-tier deposit segments, said DPA president Songpol Chevapanyaroj.
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.
Bank of Thailand warns of long-term downturn
Business, Somruedi Banchongduang, Published on 23/02/2024
» The Thai export sector has lost competitiveness in global markets, with the market share of rice shipments falling by more than 50% over the past 20 years, according to the Bank of Thailand (BoT).
HSBC posts record pre-tax profit in 2023
Business, Somruedi Banchongduang, Published on 22/02/2024
» HSBC Holdings reported a record annual pre-tax profit for 2023 thanks to higher global interest rates, despite the US$3 billion hit on its stake in China's Bank of Communications.