Showing 1,691 - 1,700 of 1,715
Legal squad to back SCB's push into digital banking
Business, Somruedi Banchongduang, Published on 29/01/2018
» Siam Commercial Bank has set up a digital legal team to step up efforts in guarding against rising cybersecurity threats and to comply with new digital laws amid SCB's shift towards a digital banking platform.
KKP aims for 10% growth in loans
Business, Somruedi Banchongduang, Published on 26/01/2018
» SET-listed Kiatnakin Bank (KKP) has set an aggressive loan growth target of 10% this year after recording a rise in 2017 -- the first time in three years.
Survey: Lending structure may cause economic harm
Business, Somruedi Banchongduang, Published on 25/01/2018
» The structure of lending in Thailand, which has a high concentration of lenders and borrowers, could have a widespread impact to the country's economic system in the event that there is a change in lending supply from large banks or demand from large borrowers, the central bank's think tank says.
KBank plans buffer for SME loans
Business, Somruedi Banchongduang, Published on 25/01/2018
» Kasikornbank (KBank) is required to set aside larger loan impairment charges for its small and medium-sized enterprise (SME) loans in compliance with the International Financial Reporting Standard 9 (IFRS9), which requires lenders to have larger reserves and earlier recognition of credit losses.
BoT: Banking agent regulations due this quarter
Business, Somruedi Banchongduang, Published on 24/01/2018
» The Bank of Thailand is due to announce this quarter regulations governing banking agent licences, which allows banks to access people in remote areas with cheaper operating costs.
KTB slows branch closure pace
Business, Somruedi Banchongduang, Published on 24/01/2018
» Krungthai Bank (KTB) plans to shut fewer branches this year than the 92 it closed in 2017, while maintaining its employee count at 24,000, says its chief.
SCB seeks to trim staff in digital era
Business, Somruedi Banchongduang, Published on 23/01/2018
» Siam Commercial Bank (SCB) plans to downsize from 27,000 employees to 15,000 over the next three years and transform more than 600 branches to ready itself for the digital banking era.
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.
Corporate loans to rise anew
Business, Somruedi Banchongduang, Published on 22/01/2018
» Positive corporate loan growth, an indicator of private investment, propelled large and mid-sized banks' lending last year, and securities analyst Asia Plus Securities is bullish that the momentum will continue into 2018.
SCB, KBank post weaker earnings
Business, Somruedi Banchongduang, Published on 20/01/2018
» Two of the big four commercial banks reported a sharp drop in unaudited consolidated net profit for 2017 and the three months to December, with larger bad-debt provisions taking a toll on balance sheets.