Showing 51-60 of 197 results
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FWD buying SCB subsidiary in key deal
Business, Somruedi Banchongduang, Published on 02/07/2019
» SET-listed Siam Commercial Bank (SCB) has entered into a binding agreement to sell 99.2% of subsidiary SCB Life Assurance to insurer FWD Group Financial Services for 92.7 billion baht, marking Southeast Asia's biggest life insurance acquisition deal.
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SCB eyes fee-based income growth
Business, Somruedi Banchongduang, Published on 26/03/2019
» Siam Commercial Bank (SCB) aims for higher fee-based income growth in corporate banking this year to stabilise business revenue in the long term.
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KBank sees BoT pausing rate hikes throughout year
Business, Somruedi Banchongduang, Published on 09/02/2019
» Business operators' financial costs are expected to remain constant based on anticipation that the Bank of Thailand will pause rate hikes throughout the year after December's 25-basis-point increase, says a Kasikornbank (KBank) executive.
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LH Bank targets B10bn in trade loans after BoT nod
Business, Somruedi Banchongduang, Published on 29/01/2019
» Land and House Bank (LH Bank) aims for 10 billion baht in trade finance lending this year after the Bank of Thailand approved the bank's new service.
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Thai banking's man of letters follows his heart
Business, Somruedi Banchongduang, Published on 19/01/2019
» Although Winyou Chaiyawan, chief executive of Thai Credit Retail Bank (TCRB), has a hectic schedule steering his family business amid fierce competition, he has never abandoned his passion for writing.
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SCB offers QR payment at noodle franchise shop
Business, Somruedi Banchongduang, Published on 15/01/2019
» Siam Commercial Bank (SCB) is offering credit card-based QR code payment at local noodle franchise shop Chysee Mee Kiew, providing a credit line of up to 45 days -- unusual among most QR code e-payments, which draw from savings accounts.
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K-Research: Challenging year ahead
Business, Somruedi Banchongduang, Published on 26/12/2018
» Slower lending growth outlook, weaker asset quality as interest rates hike, and heightening competition in the digital banking business are challenges for commercial banks in 2019, says Kasikorn Research Center (K-Research).
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Mortgage queries line up
Business, Somruedi Banchongduang, Published on 17/10/2018
» Commercial mortgage lenders plan to propose that the Bank of Thailand focus on curbing mortgage lending for third and subsequent home purchases, delaying stricter measures intended for a wider market that were to be implemented in early January.
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BoT to beef up protections for car refinancing
Business, Somruedi Banchongduang, Published on 28/09/2018
» The Bank of Thailand is set to issue regulations on auto refinancing in November aimed at standardising and creating fair practices for consumers.
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KBank looks to break bond issuance record as rates rise
Business, Somruedi Banchongduang, Published on 27/08/2018
» Kasikornbank (KBank), the country's top bond underwriter, forecasts new corporate bond issuance to reach 850 billion baht, breaking the annual issuance record, as those with bonds due will roll over debt and prospective issuers will rush to lock in low rates after the central bank signalled that normalisation is around the corner.
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