Showing 71 - 80 of 1,819
K-Research glum on recovery outlook
Business, Somruedi Banchongduang, Published on 03/06/2020
» The country's main industries and economic growth are expected to take longer than one year to return to pre-pandemic levels, while an unemployment spike is the greatest concern, says Kasikorn Research Center (K-Research).
BoT: Baht gain up for discussion
Business, Somruedi Banchongduang, Published on 04/06/2020
» The Bank of Thailand has summoned foreign exchange dealers to meet on Thursday to discuss the baht's rapid gain, which it does not consider to be in line with the country's fragile economy.
BoT sounds out forex dealers on gold quotation in US dollars
Business, Somruedi Banchongduang, Published on 05/06/2020
» The Bank of Thailand has sought the opinion of foreign exchange dealers on whether to shift gold price quotation to US dollars for exports, imports and related activities, and whether to scale back issuance or temporarily scrap sales of short-dated bonds in a bid to curb the baht's rapid gains.
KBTG debuts contactless services
Business, Somruedi Banchongduang, Published on 10/06/2020
» Kasikorn Business Technology Group (KBTG), a technology arm under Kasikornbank (KBank), yesterday debuted new contactless technologies to build up the country's infrastructure in preparation for the "new normal".
TBA mulls debt restructuring
Business, Somruedi Banchongduang, Published on 11/06/2020
» The Thai Bankers' Association (TBA) is considering extending debt restructuring measures as the domestic economic recovery should take a couple of years.
KTB: Banks can bear NPL rise
Business, Somruedi Banchongduang, Published on 12/06/2020
» With the current capital buffer, the country's banking sector is expected to be able to withstand bad loans of up to 11% of loans outstanding, according to the head of Krungthai Bank (KTB).
KTB speeds up branch consolidation plan
Business, Somruedi Banchongduang, Published on 15/06/2020
» Krungthai Bank (KTB) plans to accelerate its branch downsizing and consolidation schedule for 80-100 sites this year, aiming to maintain half of existing staff by having them work from home to adapt to post-pandemic behaviour.
Deposits flowing despite paltry rates
Business, Somruedi Banchongduang, Published on 16/06/2020
» Despite rock-bottom interest rates, more than 1 trillion baht in money flowed into 10 SET-listed banks at the end of April from the end of 2019, indicating increasing appetite for safe-haven deposit accounts even as the pandemic spiralled during that period.
SCB touts resilience against higher NPLs
Business, Somruedi Banchongduang, Published on 17/06/2020
» Siam Commercial Bank (SCB) has given assurances that its strong capital buffer with a capital adequacy ratio (CAR) of 17.8% is sufficient to handle rising bad loans.
Banks poised to extend assistance
Business, Somruedi Banchongduang, Published on 18/06/2020
» Banks are set to extend the deadline for their relief measures to virus-affected customers after the three-month blanket debt holiday lapses at the end of this month.