Showing 1 - 10 of 2,731
LH Bank aims to increase ratio of Taiwanese loans
Business, Somruedi Banchongduang, Published on 26/07/2024
» LH Bank, a subsidiary of Land and House Financial Group (LHFG), aims to double the proportion of its Taiwanese loans over the next 3-5 years, driven by the expanding presence of foreign businesses in the Thai market.
KBank sees mobile app loans fall by 20%
Business, Somruedi Banchongduang, Published on 25/07/2024
» Loan applications through K-Plus, a mobile banking app under Kasikornbank (KBank), have declined by around 20% after the bank slowed its lending growth via the digital platform last year.
Kiatnakin Phatra Research: Potential growth rate below 2%
Business, Somruedi Banchongduang, Published on 23/07/2024
» Kiatnakin Phatra Research (KKP Research) forecasts that Thailand's potential economic growth rate will be below 2% for the next five years due to weaker productivity and competitiveness.
Profits of 10 listed banks for H1 rise 3.7% to B126.4bn
Somruedi Banchongduang, Published on 23/07/2024
» The 10 SET-listed banks reported a combined net profit of 126.4 billion baht for the first half of this year, marking a 3.7% increase year-on-year. This growth was primarily driven by large banks, while smaller banks experienced a decline in earnings.
Country's leading banks post mixed results for first half
Business, Somruedi Banchongduang, Published on 20/07/2024
» The big three banks reported mixed results for the first half of this year.
Succession a top priority among Thai family businesses
Business, Somruedi Banchongduang, Published on 19/07/2024
» The second generation of Thai family businesses has a higher succession rate than the global average, but digital expertise remains a critical requirement for them, according to Kasikornbank (KBank).
Banks set for potential EA cross-default
Business, Somruedi Banchongduang, Published on 18/07/2024
» Banks are expected to set aside over 10 billion baht in total loan loss provisions for embattled Energy Absolute (EA) if the company faces a cross-default, according to UBS Securities (Thailand).
HSBC launches sustainable supply chain finance
Business, Somruedi Banchongduang, Published on 17/07/2024
» HSBC Thailand sees significant opportunities in sustainable supply chain financial services in the Thai market, noting that financial solutions would give local small and medium-sized enterprises (SMEs) improved access to funding sources.
Government Pension Fund being more selective about investment
Business, Somruedi Banchongduang, Published on 16/07/2024
» The Government Pension Fund (GPF) has raised concerns about portfolio investments in consumer loan-related businesses due to heightened credit risk within the financial sector.
Escaping the debt cycle
Business, Somruedi Banchongduang, Published on 15/07/2024
» A 25-year-old woman's struggles with debt of 307,000 baht went viral on social media recently when she asked for advice on how to manage what she owed. She earns 22,000 baht per month, with 6,000 baht going towards rent and 3,000 baht monthly for motorcycle loan payments.