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BUSINESS

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.

BUSINESS

Listed banks post net profit decline of 23% for 2020

Business, Somruedi Banchongduang, Published on 22/01/2021

» Large SET-listed commercial banks posted a decline of more than 23% in net profits last year, mainly attributed to allocation of higher amounts of expected credit losses (ECLs) to cushion against rising uncertainties amid the pandemic crisis.

BUSINESS

BoT records net profit on baht retreat

Business, Somruedi Banchongduang, Published on 23/04/2020

» The Bank of Thailand swung back to a net profit of 365 billion baht for the first three months of this year, largely because the baht retreated against the greenback.

BUSINESS

KBank agents pass milestone

Business, Somruedi Banchongduang, Published on 09/09/2019

» Kasikornbank's financial transactions through banking agents surged exponentially to surpass the 1-million mark last month, suggesting a change in behaviour among consumers, who are now willing to pay a fee in exchange for convenience.