Showing 11 - 19 of 19
Survey: Young borrowers pose higher risk
Business, Somruedi Banchongduang, Published on 23/03/2018
» Credit card and auto loans secured by individual borrowers aged below 25 and those living in major cities pose a higher risk to asset quality, says the central bank's think tank.
BoT 'suppressed baht' to bolster exports: KBank
Business, Somruedi Banchongduang, Published on 14/07/2017
» The Bank of Thailand intervened in the currency market last week in what was believed to be an attempt to prevent the baht strengthening so as to stop export recovery momentum stalling, according to a senior official at Kasikornbank (KBank).
Half of Thais can't carry on financially after retirement
Business, Somruedi Banchongduang, Published on 18/07/2017
» Half of the Thai population does not have enough savings for a comfortable post-retirement life as they are mired in high debt -- an alarming sign as the country moves towards an ageing society.
KBank: Inheritance tax advisory demand growing
Business, Somruedi Banchongduang, Published on 03/07/2017
» The government's implementation of the inheritance tax and its plan to impose new asset-based taxes have boosted demand for tax advisory services from the well-off, says a Kasikornbank (KBank) executive.
SAM arranging debt collection unit
Business, Somruedi Banchongduang, Published on 19/04/2017
» Sukhumvit Asset Management (SAM), a wholly owned bad-asset management firm under the Financial Institutions Development Fund, is seeking central bank approval to dip its toes into debt collection service for consumer loans.
All set for PromptPay
Business, Somruedi Banchongduang, Published on 28/12/2016
» After the lengthy testing process of PromptPay's consumer-to-consumer (C2C) service, a major bid to turn Thailand into digital payment mode, the money transfer service has been pushed back to further ensure its accuracy, stability and security. Originally slated for roll-out at the end of October, Predee Daochai, chairman of the Thai Bankers' Association (TBA), has confirmed that it is now scheduled for the first quarter of 2017.
PromptPay C2C transfer imminent
Business, Somruedi Banchongduang, Published on 23/01/2017
» PromptPay's consumer-to-consumer (C2C) electronic fund transfer service under the national e-payment scheme will kick off on Friday, after being pushed back days before its first big scheduled launch in October of last year.
Chip bank cards the rule in 2019
Business, Somruedi Banchongduang, Published on 05/05/2016
» Some 60 million magnetic-stripe ATM and debit cards issued by local commercial banks and circulating in the market will be upgraded to chip-embedded cards by the end of 2019, says a senior central bank official.
Politics a headache for SMEs
Business, Somruedi Banchongduang, Published on 25/02/2014
» Confidence among small and medium-sized enterprises (SMEs) fell below the 50-point threshold last month, largely on concern over political uncertainty and the lacklustre economy.