Showing 1,141 - 1,150 of 2,628
BBL assigning reserves against uncertainty
Business, Somruedi Banchongduang, Published on 07/11/2018
» Bangkok Bank (BBL), the country's largest lender by assets, plans to set aside additional reserves for credit losses next year as a cushion against future uncertainties, says executive chairman Deja Tulananda.
Digital Ventures secures fresh funds for China plays
Business, Somruedi Banchongduang, Published on 08/11/2018
» Digital Ventures Co Ltd (DV), a corporate venture capital arm of Siam Commercial Bank, has raised a further US$50 million (1.64 billion baht) in funds for technology investment in China.
SCB downgrades SME loan view
Business, Somruedi Banchongduang, Published on 09/11/2018
» Siam Commercial Bank (SCB) expects to fall short of its 7% growth target for small and medium-sized enterprise (SME) loans this year.
KBank invests $50m in Grab
Business, Somruedi Banchongduang, Published on 09/11/2018
» Kasikornbank (KBank) has splashed US$50 million (1.65 billion baht) for an investment in Grab, Southeast Asia's leading online-to-offline (O2O) platform, to expand its new customer base to taxi drivers.
SCB cutting spendthrift credit
Business, Somruedi Banchongduang, Published on 12/11/2018
» Siam Commercial Bank (SCB) has cut the working capital or overdraft line of credit for small and medium-sized enterprises (SMEs) that have repeatedly misused loans for alternative purposes in an effort to steer them towards financial discipline.
KBank predicts policy rate rise
Business, Somruedi Banchongduang, Published on 16/11/2018
» Kasikornbank (KBank) forecasts the first policy rate hike in more than seven years, with a quarter-point increase, will take place at next year's first policy meeting after Wednesday's tight vote.
Beating back debt beasties
Business, Somruedi Banchongduang, Published on 12/11/2018
» A recent news item captured public attention about a female school director in Kamphaeng Phet province who guaranteed student loan fund (SLF) debt for her 60 students, 21 of whom defaulted. After her finances ran dry, the court ordered seizure of her assets, a stark reminder that debt can ruin even a guarantor's life.
SMEs' bad loans creep up
Business, Somruedi Banchongduang, Published on 13/11/2018
» Commercial banks' non-performing (NPL) and special mention loans (SMs) for small and medium-sized enterprises (SMEs), automobiles and credit cards at the end of September ticked up from the previous three months, resulting in a higher potential for more soured loans.
Rate stands in tighter vote
Business, Somruedi Banchongduang, Published on 15/11/2018
» The Bank of Thailand kept its policy rate unchanged yesterday, but the close vote of 4-3 added to the likelihood of the first rate hike in more than seven years at 2019's final meeting in December.
TMB looks to cut NPL portion in half
Business, Somruedi Banchongduang, Published on 14/11/2018
» TMB Bank, the country's seventh-largest lender by assets, plans to halve its bad-loan ratio for small and medium-sized enterprise (SME) business to 4% by the end of next year.