Showing 91-100 of 211 results
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Bank system crash blamed on glitch
Business, Somruedi Banchongduang, Published on 01/09/2018
» Banks' electronic money transfers, withdrawals and payment services crashed for several hours on Friday, with the blame laid on heavy interbank money transfers typically made at the end of the month at large banks.
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Bankers chew over hiking PromptPay fee-waiver limit
Business, Somruedi Banchongduang, Published on 29/08/2018
» The Thai Bankers' Association (TBA) is still considering whether its members will raise the fee-waiver ceiling to 700,000 baht per transaction for those who transfer money through the PromptPay system, says a banking source.
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TBA: Transfer glitch refunds shortened to 1 day
Business, Somruedi Banchongduang, Published on 08/08/2018
» The Thai Bankers' Association (TBA) has agreed to shorten the period for unmatched fund transfer returns in the event of mobile app glitches to one day from a few days.
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Krungsri hails AI to handle debt regime
Business, Somruedi Banchongduang, Published on 27/07/2018
» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (BAY), says adoption of artificial intelligence (AI) can help improve debt collection and reduce default risks.
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TMB selling TMBAM stake
Business, Somruedi Banchongduang, Published on 26/07/2018
» TMB Bank, the country's seventh-largest bank by assets, has entered into a deal to sell a 65% stake in TMB Asset Management (TMBAM) to Prudential Corporation Asia Ltd's indirect wholly owned subsidiary Eastspring Investments Singapore Ltd.
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Q2 showing likely eclipsed Q1
Business, Somruedi Banchongduang, Published on 01/08/2018
» The country's second-quarter economic growth outpaced the 4.8% rate in the first quarter, propelled by robust exports and stronger domestic investment and consumption, says a senior central bank official.
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SCB flashes rate-hike signs in pursuit of thicker margins
Business, Somruedi Banchongduang, Published on 06/08/2018
» Siam Commercial Bank (SCB), the country's biggest mortgage lender, has raised its introductory rate on housing loans and will raise its auto loan rate by 50-100 basis points from mid-August, reinforcing signs that local interest rates are creeping up.
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BoT tells banks to tackle cybersecurity
Business, Somruedi Banchongduang, Published on 07/08/2018
» The Bank of Thailand has instructed all banks to make cybersecurity a priority, develop systems to tackle unauthorised access and offer compensation in the event of financial losses from a data breach.
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Most listed banks post higher Q2 profit
Business, Somruedi Banchongduang, Published on 21/07/2018
» Most of the 11 SET-listed banks managed to deliver a higher net profit in the second quarter, though the waiver of online transaction fees dealt a blow to fee and service income.
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Banks feel dropped-fee pinch
Business, Somruedi Banchongduang, Published on 16/07/2018
» The banking industry is expected to announce 10% lower earnings for the second quarter than the previous quarter, mostly attributed to the decision to eliminate fees for digital transactions.
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