Showing 11 - 20 of 105
Govt mulls buying underperforming NPLs
News, Somruedi Banchongduang, Published on 24/03/2025
» The government has announced plans to purchase non-performing loans (NPLs) with outstanding balances below 100,000 baht to alleviate financial burdens on small-scale debtors.
SCB reduces lending rates across the board
Business, Somruedi Banchongduang, Published on 01/03/2025
» Siam Commercial Bank (SCB) has announced a reduction of its maximum loan rate by 25 basis points (bps), aligning with the Bank of Thailand's recent policy rate cut.
Listed banks post 7% net profit growth last year
Business, Somruedi Banchongduang, Published on 23/01/2025
» The banking industry reported softer net profit growth of 7% in 2024, reflecting the country's economic conditions.
Banking income dented by debt aid
Business, Somruedi Banchongduang, Published on 14/12/2024
» The government's recently unveiled debt relief scheme is expected to reduce interest income for the banking industry, but should improve asset quality in the long term, say analysts.
Banks post modest increase in profits
Business, Somruedi Banchongduang, Published on 22/10/2024
» The banking sector reported a modest increase in profits for the first nine months of 2024, driven by gains in both interest and fee income, while continuing to allocate substantial reserves for loan losses in preparation for heightened uncertainties.
Bangkok Bank reports profit uptick of 6.2%
Business, Somruedi Banchongduang, Published on 19/10/2024
» Two listed banks including Bangkok Bank (BBL) have reported positive net profits for the first nine months of the year, while another two banks posted lower profits.
The effort to clamp down on scams
Business, Somruedi Banchongduang, Published on 19/09/2024
» Wiroj Lakkhanaadisorn, a People's Party list MP, recently slammed the Bank of Thailand governor for his slow action in tackling rampant call centre scams.
Banks share data with Bank of Thailand to combat fraudulent mule accounts
Somruedi Banchongduang, Published on 02/09/2024
» The banking industry has introduced data-sharing through a new Central Fraud Register (CFR) system to intensify efforts to crack down on so-called mule accounts.
To cope with credit risk, Thai banks focus on asset quality
Business, Somruedi Banchongduang, Published on 12/08/2024
» Large local banks anticipate their corporate clients will face heightened challenges in the second half of this year because of global uncertainties and concerns about a potential US recession.
KTB poised to hit 2024 lending target
Business, Somruedi Banchongduang, Published on 02/08/2024
» Krungthai Bank (KTB) expects to achieve its loan growth target for this year despite experiencing a lending contraction in the first six months.