Showing 61-70 of 197 results
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KBank: 5 years for foreign input
Business, Somruedi Banchongduang, Published on 13/07/2018
» Kasikornbank (KBank), the country's third-largest lender by assets, estimated it would take at least five years for international business to contribute significant revenue to the bank.
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Fragile residential market presaged
Business, Somruedi Banchongduang, Published on 06/07/2018
» A higher ratio of new mortgages with loan-to-value (LTV) rates exceeding 90%, the increasing loan-to-income (LTI) proportion and deteriorating bad mortgage rates all point to the residential property market's fragility, warns the Bank of Thailand's Monetary Policy Committee and Financial Institutions Policy Committee.
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Swiss bank wary of impact from Fed rate increases
Business, Somruedi Banchongduang, Published on 28/06/2018
» The US Federal Reserve's more hawkish monetary stance than originally expected could stall the global economic recovery and lead to higher volatility in money and capital markets around the world, warns Swiss private bank Lombard Odier.
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BoT tells banks to rein in mortgages
Business, Somruedi Banchongduang, Published on 01/06/2018
» The Bank of Thailand has sounded an alarm to banks in light of the growing appetite for mortgages, urging them to retain their risk management practices when considering housing loans.
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Boonterm unfazed by no fees
Business, Somruedi Banchongduang, Published on 16/04/2018
» MAI-listed Forth Smart Service Plc (FSMART), the country's largest top-up machine provider under the Boonterm brand, has moved to ease concerns over banks' no-fee digital transactions, saying almost all Boonterm customers are unbanked.
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SMEs 'not suffering' from higher rates
Business, Somruedi Banchongduang, Published on 10/04/2018
» Bank of Thailand governor Veerathai Santiprabhob played down Finance Minister Apisak Tantivorawong's recent comment that commercial banks charge too much interest to small- and medium-sized enterprises (SMEs) compared to large corporates, saying SMEs enjoy competitive rates.
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Krungsri Auto targets 15% increase in online lending
Business, Somruedi Banchongduang, Published on 22/03/2018
» Krungsri Auto, a leading automotive lender under Bank of Ayudhya, aims for 7% loan portfolio growth and a 15% boost in online lending this year.
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TBank's cross-border QR due for May start
Business, Somruedi Banchongduang, Published on 21/03/2018
» Thanachart Bank (TBank) plans to introduce the country's first cross-border QR code payment service in May based on the PromptPay platform, enabling foreigners to make payments in Thailand by scanning a barcode. The move is expected to pave the way for the country to become the region's cross-border payment hub.
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SCB looks to B2C online platform
Business, Somruedi Banchongduang, Published on 07/03/2018
» Siam Commercial Bank (SCB) is focusing on providing an e-marketplace platform for the business-to-consumer (B2C) segment in a fresh effort to retain its market share in payment service amid intensified competition from tech and platform giants.
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SCB feeling out US tech giant tie-up
Business, Somruedi Banchongduang, Published on 06/03/2018
» Siam Commercial Bank (SCB), the country's second-largest lender by assets, is in talks with a US-based technology giant for a possible business partnership as part of efforts to guard market share amid rising use of online banking.
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