Showing 1,661 - 1,670 of 1,734
SCB seeking Gen Y yields from mortgage products
Business, Somruedi Banchongduang, Published on 13/04/2018
» Siam Commercial Bank (SCB), the country's biggest mortgage lender, is focused on offering high-yield housing loan products to the high-risk, Gen Y segment to keep up with rising demand from young borrowers.
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.
SMEs 'not suffering' from higher rates
Business, Somruedi Banchongduang, Published on 10/04/2018
» Bank of Thailand governor Veerathai Santiprabhob played down Finance Minister Apisak Tantivorawong's recent comment that commercial banks charge too much interest to small- and medium-sized enterprises (SMEs) compared to large corporates, saying SMEs enjoy competitive rates.
SCB to close 200 branches
Business, Somruedi Banchongduang, Published on 09/04/2018
» Siam Commercial Bank (SCB) plans to shutter 200 physical branches this year as part of its three-year plan to cut operating costs by 30% by 2020 and move towards digital banking.
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.
Patchara in as KBank president
Business, Somruedi Banchongduang, Published on 06/04/2018
» Kasikornbank's board of directors has appointed insider Patchara Samalapa as KBank's new president, effective from April 4, giving the bank four presidents at once, according to a statement released yesterday.
KBank cuts non-interest income target
Business, Somruedi Banchongduang, Published on 05/04/2018
» Kasikornbank (KBank), which has the country's most popular mobile banking app, has slashed its non-interest income growth target this year to a contraction of 6-8% after the bank jumped on the fee-cut bandwagon for online transactions.
BoT: Low income curbing recovery
Business, Somruedi Banchongduang, Published on 31/03/2018
» Soft purchasing power caused by lower household income in both the farm and non-farm sectors has hindered a broad-based economic recovery, says a senior official at the Bank of Thailand.
Tisco sells loan portfolio to Citi
Business, Somruedi Banchongduang, Published on 31/03/2018
» Tisco Bank and its sister All-Ways Co Ltd have inked a deal to sell their personal loan portfolio and credit card business with a combined asset value of 6.9 billion baht to Citibank N.A. (Bangkok Branch), a move the bank cited as in line with the group's policy to focus on expanding secured loan business.
BBL focuses on SME lending hike
Business, Somruedi Banchongduang, Published on 31/03/2018
» Bangkok Bank (BBL), the country's largest lender by assets, aims for 5-7% loan growth for small and medium-sized enterprises (SMEs) this year, with a focus on term loans.