Showing 1 - 10 of 442
Thailand Post beats outlook
Business, Somruedi Banchongduang, Published on 05/02/2019
» The two largest commercial banks recorded higher than expected transactions from appointing Thailand Post as a banking agent.
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.
SCB, BAY post healthy growth
Business, Somruedi Banchongduang, Published on 19/10/2019
» Siam Commercial Bank (SCB) delivered a 40.8% year-on-year increase in its consolidated unreviewed net profit for the three months through September, thanks to a one-off gain from selling SCB Life Assurance, while Bank of Ayudhya (BAY) saw its quarterly operating profit rise 5.8% from a year earlier.
SCB chief spurns ministerial post
Business, Somruedi Banchongduang, Published on 25/07/2023
» Arthid Nanthawithaya, chief executive of SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), said he would reject the post of finance minister in the incoming government if he were to be offered it.
Post forum tackles banking digitisation
News, Somruedi Banchongduang, Published on 03/10/2023
» Digitisation would catalyse Thai economic growth and increase efficiency in the banking sector, says chief of Citibank Thailand.
Asset managers post mixed results
Business, Somruedi Banchongduang, Published on 23/05/2024
» Two bad asset management companies reported lower net profits in the first quarter this year, attributed to higher expected credit losses (ECL) amid a fragile economic recovery.
Auto lenders post marginal loan growth
Business, Somruedi Banchongduang, Published on 02/05/2020
» Five auto loan service providers eked out 0.9% growth in total loans outstanding for the first quarter from the end of last year, as positive activity in the first two months was offset by the coronavirus impact in March.
KTB, SCB post biggest Q1 dips
Business, Somruedi Banchongduang, Published on 21/04/2018
» Eleven SET-listed commercial banks combined for a slight net profit during the first three months this year, with most large banks setting aside lower impairment charges.
KBank withdrawals coming to post offices
Business, Somruedi Banchongduang, Published on 29/08/2018
» Kasikornbank (KBank) customers will be able to withdraw cash from their accounts through 964 Thailand Post outlets nationwide by the end of the year, with account opening services added early next year.
Banks post improved profits last year
Business, Somruedi Banchongduang, Published on 22/01/2022
» The local banking sector reported higher net profit for 2021 thanks to lower loan-loss provisions and improved operating profit, despite challenging economic conditions given the impact of the prolonged pandemic.