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BUSINESS

Special mortgages rare at Money Expo

Business, Somruedi Banchongduang, Published on 08/05/2015

» Banks are surprisingly not as keen to offer special mortgages at this year's Money Expo, and bankers say this indicates low demand in the property market.

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BUSINESS

After taking the lead in assets, KTB shifts aim

Business, Somruedi Banchongduang, Published on 02/07/2015

» State-owned Krungthai Bank (KTB) has decided to focus on profit improvement after surpassing Bangkok Bank (BBL) as the country's largest lender by assets and deposits, a major milestone reached in the first quarter this year.

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BUSINESS

SSI to finish rehab plan by August

Business, Somruedi Banchongduang, Published on 28/03/2016

» The business rehabilitation plan for Sahaviriya Steel Industries Plc (SSI) is expected to be completed by August, one of its bank creditors has said. Among the crucial elements of the programme are a debt-to-equity swap and a new strategic partner.

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BUSINESS

Lukewarm lending growth for listed banks

Business, Somruedi Banchongduang, Published on 25/07/2017

» Eleven listed commercial lenders' total loans expanded at a tepid pace in the first half, rising slightly less than 2% since the end of last year and reflecting banks' cautious approach and lukewarm loan demand.

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BUSINESS

Treading a familiar path to super-app status

Business, Somruedi Banchongduang, Published on 12/11/2022

» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.

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GENERAL

Virtual bank applications to open in March

Business, Somruedi Banchongduang, Published on 01/03/2024

» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.

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MOTORING

Rever Leasing aims to lead EV loan market

Somruedi Banchongduang, Published on 17/04/2024

» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.