Showing 31 - 40 of 1,818
TMB Bank says no more fixed-income funds will fold
Business, Somruedi Banchongduang, Published on 28/03/2020
» TMB Bank, which holds a 35% stake in TMBAM Eastspring, clarified that no more fixed-income funds under its affiliates' management will be scrapped after a wave of redemptions prompted the mutual fund firm to terminate four funds.
Bankers launch registration for credit card relief
Business, Somruedi Banchongduang, Published on 01/04/2020
» The credit card club of the Thai Bankers' Association has opened registration for coronavirus-hit card holders who want to restructure debt to alleviate their financial burden from today until the end of June.
BoT says GDP to shrink until next year
Business, Somruedi Banchongduang, Published on 01/04/2020
» The economy is expected to contract every quarter this year, with the nadir in the second quarter, according to a senior official at the Bank of Thailand.
Filling a prescription for career success
Business, Somruedi Banchongduang, Published on 04/04/2020
» Like many graduates who embark on a career to match the degree they earned, Pipit Aneaknithi started out as a pharmacist until his passion to make a difference turned him into a banker.
KBank chairman's exit seen as part of succession plan
Business, Somruedi Banchongduang, Published on 06/04/2020
» Although Banthoon Lamsam's resignation from all management roles and the board at his family-run Kasikornbank (KBank), effective April 3, stunned the banking industry, the market believes that the 75-year-old bank will remain calm amid serious challenges from the coronavirus pandemic and digital disruption.
KBank retooling 2020 targets
Business, Somruedi Banchongduang, Published on 08/04/2020
» Kasikornbank (KBank) will likely revise financial targets this year after the bank's research unit estimated that the economy will shrink 5% in 2020 amid the coronavirus pandemic, said KBank chief executive Kattiya Indaravijaya.
SCB Easy gains 10,000 new accounts in 3 days
Business, Somruedi Banchongduang, Published on 08/04/2020
» Social distancing to contain coronavirus spread and the government's cash handouts to help Thais are giving a boost to online banking, with more than 10,000 new customers opening accounts through Siam Commercial Bank's mobile banking app SCB Easy in three days.
KBank to establish R&D unit for tech
Business, Somruedi Banchongduang, Published on 09/04/2020
» Kasikornbank (KBank) plans to set up a research and development (R&D) unit with a focus on IT to prepare for a changing environment after the pandemic crisis.
Big banks cut rates by 40 basis points
Somruedi Banchongduang, Published on 09/04/2020
» The country’s six largest commercial banks have passed on cost savings after the Bank of The country’s six largest commercial banks have passed on cost savings after the Bank of Thailand lowered their required contribution to the Financial Institutions Development Fund (FIDF), trimming prime lending rates by 40 basis points to blunt the coronavirus impact on debtors.
Digital banking surges in sea change
Business, Somruedi Banchongduang, Published on 14/04/2020
» The pandemic has ravaged businesses and forced social distancing, spiking demand for remote and digital services as well as online banking.