Showing 1 - 10 of 25
Virtual banks to shake up Thai finance next year
Business, Somruedi Banchongduang, Published on 24/12/2025
» By mid-2026, Thais are expected to be able to access virtual banks, offering expanded options for people underserved by formal financial services.
Virtual banks to bolster financial inclusion
Business, Somruedi Banchongduang, Published on 10/10/2025
» Virtual banks are 10 times more likely to reach untapped retail customers than traditional banks, improving the country's rate of financial inclusion, say new industry players.
SCB X plans to harness AI for virtual bank
Business, Somruedi Banchongduang, Published on 29/07/2025
» SCB X, the technology conglomerate and holding company of Siam Commercial Bank (SCB), is set to launch its virtual bank under the "AI Native Bank" concept.
Baht poised to weaken further
Business, Somruedi Banchongduang, Published on 14/05/2025
» The baht is expected to depreciate to around 33.80 against the US dollar this week, driven by a firmer greenback following the temporary pause in the US-China tariff war.
Line BK targets double-digit loan gain
Business, Somruedi Banchongduang, Published on 13/02/2025
» Line BK, a social banking platform under Kasikornbank (KBank), aims for double-digit loan growth this year, supported by enhanced technological capabilities amid sluggish economic growth.
Banking income dented by debt aid
Business, Somruedi Banchongduang, Published on 14/12/2024
» The government's recently unveiled debt relief scheme is expected to reduce interest income for the banking industry, but should improve asset quality in the long term, say analysts.
Analysts expecting rate cuts to be delayed
Business, Somruedi Banchongduang, Published on 21/05/2024
» Following better-than-expected GDP growth in the first quarter, research houses are predicting that the Bank of Thailand will delay any policy rate cut until the end of this year or next year.
Currency nosedives amid more seasonal fluctuations
Business, Somruedi Banchongduang, Published on 23/03/2024
» The baht plunged against the US dollar on Friday, primarily influenced by external factors, with seasonal fluctuations expected to exert continued pressure on the local currency, potentially weakening to 37 per dollar during the second quarter.
Baht expected to continue its slide
Business, Somruedi Banchongduang, Published on 22/09/2023
» Economists are warning the baht will weaken further throughout this month and next because of higher volatility in money and capital markets worldwide after the US Federal Reserve's hawkish comments about its benchmark interest rate.
Debt problem getting worse, say analysts
Somruedi Banchongduang, Published on 15/09/2023
» The proportion of heavily indebted borrowers has soared to 30% of all unsecured loan debtors, according to ttb analytics.