Showing 41 - 50 of 2,417
Listed banks post 13% Q1 profit hike
Business, Somruedi Banchongduang, Published on 22/04/2023
» Net profit for the banking industry grew 13% in the first quarter thanks to improving business operations, despite setting higher loan-loss provisions amid global economic risks.
Bank of Thailand puts stability above stimulus
Business, Somruedi Banchongduang, Published on 25/04/2023
» Amid the ongoing recovery pace, the economy no longer requires any stimulus measures, but the country requires normalisation and the implementation of economic measures to support economic stability and potential growth for the longer term, says the governor of the Bank of Thailand.
Listed banks post flat loan growth
Business, Somruedi Banchongduang, Published on 15/04/2023
» The banking sector is expected to post marginal loan growth in the first quarter this year, attributed to sluggish demand caused by the global economic slowdown and Thailand's uneven economic recovery.
Loan demand unfazed by rising interest rates
Business, Somruedi Banchongduang, Published on 19/04/2023
» Rising interest rates have not yet affected domestic loan demand despite corporate loans slowing because of the global economic outlook, according to the Bank of Thailand.
Using digital tech, SCB X eyes virtual bank licence
Business, Somruedi Banchongduang, Published on 08/04/2023
» SCB X, a holding company of Siam Commercial Bank (SCB), is keen to obtain a virtual bank licence as part of its five-year business strategy.
Banks hesitate in rush to cashless era
Business, Somruedi Banchongduang, Published on 12/04/2023
» The banking industry's push to discourage the use of cash led some to believe it was a good idea to charge fees for cash transactions and suspend cardless money withdrawals at ATMs.
KTB targets virtual banking, wealth tech
Business, Somruedi Banchongduang, Published on 05/04/2023
» Krungthai Bank (KTB) is gearing up for S-curve growth in the virtual banking and wealth tech sectors over the next five years.
Building a digital bank with a human touch
Business, Somruedi Banchongduang, Published on 01/04/2023
» Siam Commercial Bank (SCB) is moving towards digital banking services, though the 117-year-old financial institution still believes in a combination of human quality and technological efficiency, describing its strategy as a "digital bank with a human touch".
Research arm of ttb predicts 0.5% decline in exports
Business, Somruedi Banchongduang, Published on 23/03/2023
» Thai exports are expected to contract by 0.5% this year because of the global economic slowdown, according to ttb analytics, the research arm of TMBThanachart Bank (ttb).
KResearch projects exports contracting 1.2% this year
Business, Somruedi Banchongduang, Published on 24/03/2023
» Exports are forecast for a deeper contraction of 1.2% this year, attributed to the global economic slowdown and the banking debacle in the US and Europe, according to Kasikorn Research Center (KResearch).