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Rival banks reap windfall from transferred cash
Business, Somruedi Banchongduang, Published on 19/02/2014
» Three large banks — Bangkok Bank (BBL), Siam Commercial Bank (SCB) and Kasikornbank (KBank) — are reaping a windfall from the current run on deposits at the state-owned Government Savings Bank (GSB), with a large portion of the 30 billion baht withdrawn from the GSB landing in their deposits accounts.
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Kiatnakin clamps down
Business, Somruedi Banchongduang, Published on 19/02/2014
» Kiatnakin Bank promptly tightened its criteria for both loan approval and collection to control asset quality after non-performing loans (NPLs) rose by 04. to 0.5 percentage points in one month, says president Aphinant Klewpatinond.
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