Showing 1,101-1,110 of 2,615 results
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Banks brace for holiday outlay
Business, Somruedi Banchongduang, Published on 25/01/2019
» Commercial banks' net cash withdrawal from the Bank of Thailand to prepare for the public's spending over Chinese New Year is estimated to increase to 62.5 billion baht from 46 billion a year earlier, says a senior official at the central bank.
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SET-listed banks post 8% rise in net profit
Business, Somruedi Banchongduang, Published on 22/01/2019
» SET-listed commercial banks posted a 8.2% rise in their unaudited consolidated net profit for 2018, with most of them setting aside lower impairment charges that cancelled out the impact of waiving digital transaction fees and some recording extra gains on investments.
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Interbank deposit service faces the axe
Business, Somruedi Banchongduang, Published on 23/01/2019
» Commercial banks will no longer provide interbank deposit service for cheques using alphabetical or numeral amendments from Feb 1 to stem loopholes used by swindlers.
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Auto title loan firms face new rules
Business, Somruedi Banchongduang, Published on 26/01/2019
» The Bank of Thailand expects the amended regulations governing auto title loans, including a cap on interest rates and practical guidelines for operators, to take effect next month.
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KK decelerates lending on uncertainty
Business, Somruedi Banchongduang, Published on 31/01/2019
» Kiatnakin Bank (KK) has set a conservative lending growth target of 8% this year, far below last year's 18.5% increase, amid several uncertainties, particularly the possibility of new lending regulations.
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Banks mull novel debt ratio rule
Business, Somruedi Banchongduang, Published on 28/01/2019
» Commercial banks are expected to finalise a single standard for debt service ratio (DSR) in the first half of this year, as required by the Bank of Thailand, as a tool for controlling risk and reducing the household debt that is at a stubbornly high level.
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Banks predict loan spike on investment
Business, Somruedi Banchongduang, Published on 30/01/2019
» Thailand's accelerating private investment is expected to boost demand for project financing this year, according to senior bank executives.
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Central JD Money readies Dolfin e-wallet application
Business, Somruedi Banchongduang, Published on 30/01/2019
» A digital wallet service operated by Central JD Money, a subsidiary of e-finance and fintech service developer Central JD Fintech Holding, is expected to dethrone cash as the main payment channel of Central Group in the years to come.
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LH Bank targets B10bn in trade loans after BoT nod
Business, Somruedi Banchongduang, Published on 29/01/2019
» Land and House Bank (LH Bank) aims for 10 billion baht in trade finance lending this year after the Bank of Thailand approved the bank's new service.
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KBank aims for half of income from data
Business, Somruedi Banchongduang, Published on 29/01/2019
» Kasikornbank (KBank) projects data-driven income will account for half of total income by 2020, while targeting digital loan growth doubling this year.
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