Showing 1,631 - 1,640 of 1,731
SCB woos SMEs with clean loans
Business, Somruedi Banchongduang, Published on 26/05/2018
» Siam Commercial Bank (SCB) plans to offer clean loans to small businesses and self-employed customers through mobile app SCB Easy in the next two months as part of efforts to raise the number of digital banking users.
BAY puts Vietnam plans on back burner
Business, Somruedi Banchongduang, Published on 21/05/2018
» SET-listed Bank of Ayudhya (BAY) has put off exploring business opportunities in Vietnam after facing several hurdles, particularly the high costs of mergers and acquisitions (M&A).
Big data analytics eyed for lending
Business, Somruedi Banchongduang, Published on 19/05/2018
» Krungsri Consumer, the unsecured lending arm of Bank of Ayudhya (BAY), plans to discuss the use of big data analytics to scrutinise loan applications of self-employed workers with the Bank of Thailand.
BBL credit card spending nearly twice industry rate
Business, Somruedi Banchongduang, Published on 18/05/2018
» Bangkok Bank's (BBL) credit card spending for the first three months of this year recorded stellar growth, nearly doubling the industry rate thanks to the solid purchasing power of its upper-income cardholders.
BoT opts to stand pat on benchmark rate
Business, Somruedi Banchongduang, Published on 17/05/2018
» The Bank of Thailand's rate-setting committee held firm on the policy rate yesterday, saying it was not in a rush to match the global tightening after some of its counterparts in Southeast Asia recently raised rates after the US Federal Reserve's normalisation.
SCB adds $50m to DV subsidiary
Business, Somruedi Banchongduang, Published on 16/05/2018
» Siam Commercial Bank (SCB) has injected an additional US$50 million (1.6 billion baht) in its fintech investment arm, Digital Ventures Co Ltd (DV), making it the country's largest corporate venture capital firm.
Krungsri allots $20m for tech outlays
Business, Somruedi Banchongduang, Published on 16/05/2018
» Krungsri Finnovate Ltd, a corporate venture capital arm under Bank of Ayudhya (BAY), plans to spend US$20 million (638 million baht) for investment in technology startups this year.
Fee income faces hit, BoT official says
Business, Somruedi Banchongduang, Published on 15/05/2018
» Commercial banks' fee-based income from money transfer services, starting from this quarter, is expected to decline significantly after most waived digital banking transaction fees, says a senior official at the Bank of Thailand.
CIMBT says IFRS 9 to hit mortgages
Business, Somruedi Banchongduang, Published on 14/05/2018
» Mortgage lenders' appetite is expected to be whittled down when International Financial Reporting Standard 9 (IFRS 9) is adopted as the new accounting rule, requiring them to set aside higher loan-loss provisions based on lifetime expected credit losses.
CIMBT forecasts weaker baht in Q2
Business, Somruedi Banchongduang, Published on 12/05/2018
» CIMB Bank Thai (CIMBT) forecasts a weaker baht this quarter, weighed down by persistent foreign capital outflows following US policy rate hikes.