Showing 1,771 - 1,780 of 1,787
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.
BAY, TMB, CIMBT report net profit rise
Business, Somruedi Banchongduang, Published on 19/01/2018
» Bank of Ayudhya (BAY), TMB Bank (TMB) and CIMB Thai Bank (CIMBT) saw their unaudited consolidated net profit surge last year thanks to increases in their operating income.
Veerathai: MPC to stand pat on rate
Business, Somruedi Banchongduang, Published on 19/01/2018
» Bank of Thailand chief Veerathai Santiprabhob signalled the Monetary Policy Committee (MPC) is likely to stand pat on the policy rate to support economic growth and help inflation climb back to its target range.
BoT sounds alarm on baht speculation
Business, Somruedi Banchongduang, Published on 18/01/2018
» In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.
Central bank steps up fines for market conduct violators
Business, Somruedi Banchongduang, Published on 18/01/2018
» The Bank of Thailand is escalating the punishment for banks that violate the regulator's market conduct rules.
SCBT forecasts 4.3% GDP growth for 2018
Business, Somruedi Banchongduang, Published on 17/01/2018
» Thailand's economic growth outlook is expected to remain bright this year, with a 4.3% forecast attributed to improvement in manufacturing, services, and agricultural sectors, says Standard Chartered Bank Thai (SCBT).
Tisco Bank pumps brake on loan gains
Business, Somruedi Banchongduang, Published on 17/01/2018
» With concerns over high household debt and an uptick in bad loans, Tisco Bank has set a conservative loan growth target of 5% this year, far below the 11.8% loan growth it recorded last year, partly driven by a 33-billion-baht retail loan transferred from Standard Chartered Bank (Thai) (SCBT).
SCB using app to push retail loans
Business, Somruedi Banchongduang, Published on 16/01/2018
» Siam Commercial Bank (SCB), the country's second-largest lender by assets, aims to lend 10 billion baht in retail loans through its mobile banking app this year after it rolls out the service for smartphones.
LHFG Q4 net profit gains, impairment dips
Business, Somruedi Banchongduang, Published on 16/01/2018
» Land and Houses Financial Group Plc (LHFG), the parent of LH Bank, has delivered a 16.8% year-on-year increase in its unaudited net profit during the three months to December, largely helped by a sharp decline in impairment charges for credit losses.
Large banks embrace debt fund-raising
Business, Somruedi Banchongduang, Published on 15/01/2018
» Large banks have raised local and foreign currency debentures to lock in cheap costs and increase liquidity in anticipation of higher loan demand, which they expect to be driven by Thailand's positive economic momentum.