Showing 1 - 10 of 10
Exim Bank offers cheap loans to halal exporters
Business, Wichit Chantanusornsiri, Published on 07/08/2024
» The Export-Import Bank of Thailand (Exim Bank) has teamed up with the Islamic Bank of Thailand (IBank) to offer loans with interest rates lower than the prime rate to support the goal of becoming Asean's halal hub by 2028.
IBank posts huge profit gain for 2023
Business, Wichit Chantanusornsiri, Published on 11/06/2024
» The Islamic Bank of Thailand (IBank) reported a 1,553% increase in net profit last year compared with 2022.
IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
Tapping a vast market
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.
IBank targets fewer NPLs
Business, Wichit Chantanusornsiri, Published on 25/04/2023
» The Islamic Bank of Thailand (IBank) aims to reduce its non-performing loans (NPLs) to 8 billion baht this year, from the current level of 13 billion baht, by helping its major corporate customers restructure their debt, says the bank's president Thaweelap Rittapirom.
OR deems IPO a 'historic fundraising round'
Business, Yuthana Praiwan and Nuntawun Polkuamdee, Published on 04/02/2021
» PTT Oil and Retail Business (OR) has recorded 530,000 subscriptions for OR shares among retail investors at the final price of its IPO at 18 baht per share in what it says is a historic fundraising round.
Bank of Thailand to meet banks on debt rejig
Business, Somruedi Banchongduang, Published on 05/01/2021
» The Bank of Thailand is set to discuss surging infections with the Thai Bankers Association (TBA) concerning the continuity of business operations and assistance for borrowers.
Banks' transaction crash rate down in Q2
Business, Somruedi Banchongduang, Published on 05/08/2020
» The banking sector continued to endure transactional crashes in the second quarter, albeit at a lower rate, as transaction volume surged.
BoT: E-KYC headed into real world
Business, Published on 15/11/2019
» At least five banks testing out electronic know your customer (e-KYC) technology in the regulatory sandbox are expected to exit the process by the end of the year, says a senior official at the Bank of Thailand.
BBL looks to agents for expansion
Business, Somruedi Banchongduang, Published on 31/05/2019
» Bangkok Bank (BBL) expects to finalise its banking agent appointments this year after negotiations with several potential partners, including MAI-listed Forth Smart Service Plc, the operator of Boonterm top-up machines.