Showing 1-10 of 2,174 results
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SCB Abacus growth lures tech investors
Business, Somruedi Banchongduang, Published on 17/09/2021
» SCB Abacus, an alternative digital lending platform under Siam Commercial Bank, has raised US$12 million (396 million baht) in a Series A funding round and targets digital loan growth of 10 times this year.
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SCB EIC sees recovery in mid-2023
Business, Somruedi Banchongduang, Published on 16/09/2021
» SCB Economic Intelligence Center (SCB EIC), the research house of Siam Commercial Bank (SCB), has forecast Thailand's economic recovery would be delayed until mid-2023 because of the impact of the prolonged pandemic.
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Bank pact aids expansion
Business, Somruedi Banchongduang, Published on 15/09/2021
» The Bank of Thailand and Bank Negara Malaysia (BNM) are prepared for cross-border business expansion under a bilateral Qualified Asean Bank (QAB) agreement.
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BAY aims to raise international income
Business, Somruedi Banchongduang, Published on 14/09/2021
» Bank of Ayudhya (BAY), under the marketing brand of Krungsri, aims to increase net income of international business to 10% by 2023 under the bank's mid-term business plan.
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Taiwanese bank expands stake in LHFG
Business, Somruedi Banchongduang, Published on 09/09/2021
» A major Taiwanese shareholder in Land and Houses Financial Group, has increased its stake by 11%.
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Southeast Insurance vows to settle claims
Business, Somruedi Banchongduang, Published on 08/09/2021
» Southeast Insurance has pledged to clear up 8,000 accumulated claims for the Covid-19 insurance policies within two weeks as the company has already finished installing the digital process and increased the number of staff handling claims to speed up clearing the claim documents.
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Debt restructuring to be extended
Business, Somruedi Banchongduang, Published on 04/09/2021
» Debt restructuring periods offered to borrowers affected by the pandemic could be extended to more than 10 years, says Thai Bankers' Association (TBA) chairman Payong Srivanich.
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Pandemic submarines KTC's lending goal
Business, Somruedi Banchongduang, Published on 03/09/2021
» Consumer credit provider Krungthai Card Plc (KTC) expects to miss its loan growth target for car title loans because of the impact of the pandemic.
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Monix targets B5bn in nanofinance loans
Business, Somruedi Banchongduang, Published on 03/09/2021
» Monix Co Ltd, a digital loan provider under Siam Commercial Bank (SCB), aims to grow its nanofinance lending to 5 billion baht by the end of this year.
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Titans of industry up growth outlook
Business, Somruedi Banchongduang, Published on 02/09/2021
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes new daily infections peaked in August and upgraded its economic growth projection for the country as a result.
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