Showing 11 - 20 of 23
TGH's chief takes firm to new terrain
Business, Somruedi Banchongduang, Published on 06/03/2021
» With a vision to fully digitise work operations and transform financial services to a new dawn of better services, SET-listed Thai Group Holdings Plc (TGH) has formulated clear development phases towards regional expansion under the helm of Thakorn Piyapan.
BoT prepares year-end borrower relief
Business, Somruedi Banchongduang, Published on 14/10/2020
» The Bank of Thailand plans to implement an additional debt restructuring package using targeted measures to help borrowers during the pandemic as the second-phase debt relief scheme expires.
BoT issuing THOR bonds next year
Business, Somruedi Banchongduang, Published on 11/09/2020
» The Bank of Thailand plans to issue new bonds based on the Thai Overnight Repurchase Rate (THOR) next year, aiming to encourage the use of the new reference rate after the upcoming phase-out of the London Interbank Offered Rate (LIBOR).
Magnetic card cancellation delay planned
Business, Somruedi Banchongduang, Published on 05/09/2019
» The Thai Bankers' Association (TBA) plans to seek the central bank's approval to put off the regulator's deadline to cancel the use of magnetic-stripe ATM and debit cards until early next year from the end of this year.
TCRB sees drop in bad loans
Business, Somruedi Banchongduang, Published on 29/07/2019
» Even though low-income earners are considered higher risk and they are reeling from the country's weaker economy, Thai Credit Retail Bank (TCRB), whose main customers are low-income earners, saw a dip in its bad loan ratio thanks to better financial discipline.
BoT yet to take action in KTB case
Business, Somruedi Banchongduang, Published on 11/01/2019
» The Bank of Thailand has yet to take action against Kittiphun Anutarasoti, chief executive of CIMB Thai Bank (CIMBT), after Krungthai Bank (KTB) made public the findings of its investigation into loans extended to Energy Earth, which included serious allegations against him.
Auto title loan firms face new rules
Business, Somruedi Banchongduang, Published on 26/01/2019
» The Bank of Thailand expects the amended regulations governing auto title loans, including a cap on interest rates and practical guidelines for operators, to take effect next month.
BoT urges talks before passbook halt
Business, Somruedi Banchongduang, Published on 04/01/2019
» The Bank of Thailand is demanding commercial banks discuss whether they intend to cancel physical passbooks in the future because it wants to ensure banks will offer proper services to customers.
Ministry, BoT affirm SME loan deadline
Business, Somruedi Banchongduang, Published on 08/06/2018
» The Finance Ministry and the Bank of Thailand have confirmed that the deadline for requiring banks to use financial accounts submitted to the Revenue Department by small and medium-sized enterprises (SMEs) for loan approvals is still on track for the start of next year.
Superrich digitising with fintech company
Business, Somruedi Banchongduang, Published on 27/02/2017
» Superrich International Exchange (1965) Co, a leading local money changer, is dipping its toe into the burgeoning financial technology (fintech) sector. It is looking to set up a new company to digitise its services, a move that could disrupt the traditional foreign exchange business.