Showing 1 - 10 of 1,806
KTB prepares to buffer clientele against economy
Business, Somruedi Banchongduang, Published on 14/02/2020
» Krungthai Bank (KTB) could be required to set aside higher loan-loss provisions to deal with a potential bad-loan uptick this year as the deteriorating debt-servicing ability of clients is further hit by the sagging economy.
BoT: Loan growth may lag GDP uptick in 2020
Business, Somruedi Banchongduang, Published on 18/02/2020
» Banking loan growth could slow to levels below economic growth, while the bad loan ratio is expected to surpass 3% this year as the economy falters, says a senior official at the central bank.
TBA to seek measures for sector hit by virus
Business, Somruedi Banchongduang, Published on 19/02/2020
» The Thai Bankers' Association (TBA) has planned a meeting for on Wednesday to seek additional measures for tourism and related business operators battered by the coronavirus epidemic.
MPC minutes outline possible weakness in financial system
Business, Somruedi Banchongduang, Published on 20/02/2020
» The poorer debt serviceability seen earlier among small businesses is spilling over to medium-sized enterprises, suggesting more vulnerabilities in the financial system, according to the Monetary Policy Committee (MPC) meeting minutes from earlier this month.
Bankers seek further relief as outbreak hits borrowers
Business, Somruedi Banchongduang, Published on 21/02/2020
» The Thai Bankers' Association (TBA) is set to ask the central bank for a further easing of requirements for loan-loss provisions after banks offered relief measures to customers affected by the coronavirus crisis.
BAY cuts a deal to gain access to Grab clients
Business, Somruedi Banchongduang, Published on 24/02/2020
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, will take part in parent Mitsubishi UFJ Financial Group's (MUFG's) massive investment deal in Grab, in a move to gain greater access to customers through the Southeast Asian ride-hailing giant's platform.
Krungsri Research lowers growth to 1.5%
Business, Somruedi Banchongduang, Published on 25/02/2020
» Bank of Ayudhya's (BAY) research house Krungsri Research has lowered its forecast for economic growth this year to 1.5% from 2.5% because of the damage from the Covid-19 outbreak, the delayed fiscal budget and the drought.
TBA unveils package for operators hit by triple whammy
Business, Somruedi Banchongduang, Published on 26/02/2020
» The Thai Bankers' Association (TBA) has come up with a comprehensive assistance package that includes a grace period for principal loan payment with a maximum of one year for tourism operators, exporters, importers, supply chain operators and individuals affected by the coronavirus epidemic and the country's flagging economy.
SCB foresees lower NPL ratio for SMEs
Business, Somruedi Banchongduang, Published on 26/02/2020
» Siam Commercial Bank (SCB) expects its bad-loan ratio for small and medium-sized enterprises (SMEs) to marginally exceed this year's target amid numerous uncertainties.
KPB urges focus on risk management
Business, Somruedi Banchongduang, Published on 27/02/2020
» Kasikorn Private Bank (KPB), Kasikornbank's private banking unit, prioritises risk management rather than returns this year in building customer wealth amid a slew of uncertainties dampening business and the country's economic growth.