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BUSINESS

KBank enlists Line to provide services

Business, Somruedi Banchongduang, Published on 15/03/2019

» Kasikornbank (KBank) will offer financial services through the Line app in the second half of this year in a bid to tap the large user base of the online giant.

BUSINESS

DeeMoney eyes foreign growth

Business, Somruedi Banchongduang, Published on 16/03/2019

» DeeMoney, Thailand's first non-bank international money transfer and currency exchange service provider, is looking for a strategic partner to strengthen its business operations internationally via the digital platform.

BUSINESS

TMB to lure customers with payroll service

Business, Somruedi Banchongduang, Published on 19/03/2019

» TMB Bank, the country's seventh largest bank by assets, aims to use its payroll service to access a new customer base and widen chances for cross-sales.

BUSINESS

BAY targets expansion of commercial business

Business, Somruedi Banchongduang, Published on 20/03/2019

» Bank of Ayudhya (BAY) aims to aggressively expand commercial business in terms of both deposits and lending this year, thanks to positive economic momentum.

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BUSINESS

BoT tempers GDP outlook

Business, Somruedi Banchongduang, Published on 21/03/2019

» The Bank of Thailand is less optimistic about the country's economic outlook, trimming its 2019 growth forecast to 3.8% from 4% amid sluggish export demand and keeping the policy rate unchanged as widely expected.

BUSINESS

CIMBT pioneers electric motorcycle loans via WorldLease

Business, Somruedi Banchongduang, Published on 27/02/2019

» CIMB Thai (CIMBT) has become the country's first bank to offer loans for electric motorcycles.

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BUSINESS

KTB clears the air on accusations against exec

Business, Somruedi Banchongduang, Published on 27/02/2019

» Krungthai Bank (KTB) president Payong Srivanich has clarified that the allegations against a former executive linked to loans extended to Energy Earth were made to protect the bank's interests.

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BUSINESS

Ayudhya Capital targets loan growth

Business, Somruedi Banchongduang, Published on 28/02/2019

» Ayudhya Capital Services Co, a personal loan unit under Bank of Ayudhya (BAY), aims for 11% new lending growth and a 13% increase in new customers this year.

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BUSINESS

No job losses foreseen at merged banks

Business, Somruedi Banchongduang, Published on 28/02/2019

» TMB Bank and Thanachart Bank (TBank) say they have no plans to shed workforce and will relocate overlapping branches after their merger.

BUSINESS

CIMBT hikes teaser rate for home loans

Business, Somruedi Banchongduang, Published on 04/03/2019

» CIMB Thai Bank (CIMBT) has raised its teaser rate for new home loans and mortgage refinancing by 0.1-0.15 percentage points, ending the bank's low introductory rate of below 3%.