Showing 1 - 10 of 266
BoT sounds alarm on baht speculation
Business, Somruedi Banchongduang, Published on 18/01/2018
» In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.
Veerathai: MPC to stand pat on rate
Business, Somruedi Banchongduang, Published on 19/01/2018
» Bank of Thailand chief Veerathai Santiprabhob signalled the Monetary Policy Committee (MPC) is likely to stand pat on the policy rate to support economic growth and help inflation climb back to its target range.
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.
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.
SMEs fret over wage hikes, energy costs
Business, Somruedi Banchongduang, Published on 07/02/2018
» Small and medium-sized enterprise (SME) optimism fell for the three months to March as firms worry that the imminent minimum wage hikes and rising energy costs will push up their operating costs, according to a quarterly survey by TMB Analytics, the research unit of TMB Bank.
LH Bank focuses on loan quality
Business, Somruedi Banchongduang, Published on 12/02/2018
» Land and Houses Bank (LH Bank) continues to slow its mortgage and small- and medium-sized enterprise (SME) lending in a bid to maintain asset quality.
Survey: Young borrowers pose higher risk
Business, Somruedi Banchongduang, Published on 23/03/2018
» Credit card and auto loans secured by individual borrowers aged below 25 and those living in major cities pose a higher risk to asset quality, says the central bank's think tank.
KKP adds on to electric vehicle incentives
Business, Somruedi Banchongduang, Published on 28/03/2018
» Kiatnakin Bank (KKP) plans to offer electric vehicle (EV) loans to further drive the plethora of subsidies promoting the alternative energy car sector.
SCB sets sights on SSI debt
Business, Somruedi Banchongduang, Published on 07/04/2018
» Siam Commercial Bank (SCB), the country's second-largest lender by assets, conservatively estimates it can recover more than one-third of Sahaviriya Steel Industries' (SSI's) 22-billion-baht debt after the country's largest hot-rolled steel maker completes its 12-year debt rehabilitation plan.
BoT offers seasonal narrative
Business, Somruedi Banchongduang, Published on 12/04/2018
» The Bank of Thailand has sought to dispel fears that the ratio of household debt to GDP accelerated in the final quarter of last year, saying the higher family debt load could be attributed to seasonal spending by mostly middle- to upper-income earners.