Showing 1-10 of 1,625 results
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KBank scrutinising loans connected with China
Business, Somruedi Banchongduang, Published on 23/05/2019
» Kasikornbank (KBank) has tightened loan approvals for China-related businesses amid heightening US-China trade tensions, which are pressuring the bank's trade finance segment.
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MPC minutes cite threats
Business, Somruedi Banchongduang, Published on 23/05/2019
» Heightened political uncertainty after the March 24 general election and the trade spat between the US and China are darkening Thailand's economic prospects this year, according to the central bank's minutes from the latest meeting.
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Bank of Thailand to retain LTV regulation
Business, Somruedi Banchongduang, Published on 22/05/2019
» Despite the Finance Ministry's request to ease the new loan-to-value (LTV) requirement, the Bank of Thailand has insisted on maintaining the regulation, saying bad mortgages continued to climb for the three months through March and a further uptick is expected this quarter.
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TBank cinches debt belt
Business, Somruedi Banchongduang, Published on 21/05/2019
» Thanachart Bank (TBank), one of the country's largest auto lenders, has tightened its debt collection process to control bad loans after an uptick in the number of seized cars.
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SCB spurred on by agents
Business, Somruedi Banchongduang, Published on 20/05/2019
» Siam Commercial Bank (SCB) plans to increase banking agent partnerships after its financial services at 7-Eleven stores delivered higher-than-expected transactions.
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Small lenders unfazed
Business, Somruedi Banchongduang, Published on 18/05/2019
» The impact from the Bank of Thailand's amended title loan regulation is expected to be minimal on the industry's lending growth, says Ngern Tid Lor (NTL) Co Ltd, a leading player in the business.
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BoT prepares for US manipulation listing
Business, Somruedi Banchongduang, Published on 17/05/2019
» Bank of Thailand governor Veerathai Santiprabhob has acknowledged the possibility that the US will add Thailand to a watch list for currency manipulation because of a high current account surplus, but not for stepping into the foreign exchange market for trade advantages.
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Baht set to rise until end of month
Business, Somruedi Banchongduang, Published on 16/05/2019
» The upside gain for the baht, Asia's strongest performing currency this year, is limited after rallying since the beginning of this month, propelled by the escalating trade tension between the US and China, says a senior official at Kasikornbank (KBank).
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TBank to unveil digital loan service in last quarter
Business, Somruedi Banchongduang, Published on 15/05/2019
» Thanachart Bank (TBank) expects to roll out a fully integrated digital lending service in the final quarter this year, while its digital banking transactions during the first three months grew at a faster pace than expected.
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Bank of Thailand denies baht trickery
Business, Somruedi Banchongduang, Published on 14/05/2019
» The Bank of Thailand insists it has not manipulated the baht to gain an advantage in exports amid speculation Thailand could be added to the US's expanded watch list for currency manipulation.
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