Showing 1 - 10 of 442
KTB keying in on low-income earners
Business, Somruedi Banchongduang, Published on 04/01/2018
» Public servants and low-income earners, segments in which Krungthai Bank (KTB) has an advantage, will be the bank's main focus for digital payment services.
BAY looks to secure Vietnam toehold
Business, Somruedi Banchongduang, Published on 05/01/2018
» Bank of Ayudhya (BAY) is exploring opportunities in Vietnam's consumer finance market in line with its parent Bank of Tokyo Mitsubishi UFJ's (BTMU) policy to deepen the group's reach in Southeast Asia.
LHFG Q4 net profit gains, impairment dips
Business, Somruedi Banchongduang, Published on 16/01/2018
» Land and Houses Financial Group Plc (LHFG), the parent of LH Bank, has delivered a 16.8% year-on-year increase in its unaudited net profit during the three months to December, largely helped by a sharp decline in impairment charges for credit losses.
SCB, KBank post weaker earnings
Business, Somruedi Banchongduang, Published on 20/01/2018
» Two of the big four commercial banks reported a sharp drop in unaudited consolidated net profit for 2017 and the three months to December, with larger bad-debt provisions taking a toll on balance sheets.
Corporate loans to rise anew
Business, Somruedi Banchongduang, Published on 22/01/2018
» Positive corporate loan growth, an indicator of private investment, propelled large and mid-sized banks' lending last year, and securities analyst Asia Plus Securities is bullish that the momentum will continue into 2018.
KTB net profit takes mighty tumble
Business, Somruedi Banchongduang, Published on 23/01/2018
» State-owned Krungthai Bank's (KTB) unaudited consolidated net profit tumbled by 30.5% last year largely because of a 34.1% surge in loan-loss charges, making it the worst performer among SET-listed bank peers.
BoT: Banking agent regulations due this quarter
Business, Somruedi Banchongduang, Published on 24/01/2018
» The Bank of Thailand is due to announce this quarter regulations governing banking agent licences, which allows banks to access people in remote areas with cheaper operating costs.
AEONTS steps into used car segment
Business, Somruedi Banchongduang, Published on 06/02/2018
» Aeon Thana Sinsap Thailand Plc (AEONTS), a hire-purchase lender for household products and a credit card issuer, has branched into used car loans to capitalise on strong growth in the business.
Banks sweeten SME pot to buoy accounting scheme
Business, Somruedi Banchongduang, Published on 08/02/2018
» The country's five largest banks will offer a fixed interest rate of 5% for two years to small- and medium-sized enterprises (SMEs) that apply for the special loans in return for adopting a single financial account.
Banks look to capitalise on agent services
Business, Somruedi Banchongduang, Published on 19/02/2018
» Banks are keen to apply for banking agent licences, allowing them to expand financial services at lower cost as more traditional branches close.