Showing 21 - 30 of 1,733
KTC says recovery rate unchanged
Business, Somruedi Banchongduang, Published on 12/03/2020
» SET-listed Krungthai Card Plc (KTC), a credit card issuer and personal loan company, managed to keep its recovery rate during January to February unchanged from last year, even as the country's economy faltered.
BBL anticipates Chinese revival on state support
Business, Somruedi Banchongduang, Published on 13/03/2020
» Bangkok Bank (BBL) expects its banking business in China will gradually pick up on the heels of the improving coronavirus outbreak in the mainland and the Chinese government's assistance measures.
BoT not reacting to Fed rate cut
Somruedi Banchongduang, Published on 16/03/2020
» The Bank of Thailand (BoT) has no plan to call an emergency meeting following the US Federal Reserve's weekend decision to cut its policy rate to zero.
SCB launches China platform
Business, Somruedi Banchongduang, Published on 19/03/2020
» Siam Commercial Bank (SCB) and China's e-commerce giant JD.com have jointly launched an e-commerce platform to open more opportunities for Thai small-business operators to access the Chinese market.
FWD sells TMB Bank contract
Business, Somruedi Banchongduang, Published on 20/03/2020
» FWD Group has struck a deal to sell its bancassurance partnership contract with TMB Bank to Prudential Life Assurance Thailand in a deal worth 20 billion baht, according to the Hong Kong-based insurer.
Pandemic sinks economy
Business, Somruedi Banchongduang, Published on 20/03/2020
» Increasing coronavirus infections are expected to weigh down the economy more than previously anticipated, leading to a contraction of 1%, says Standard Chartered Bank Thai.
BoT facility aims to help mutual funds
Business, Somruedi Banchongduang, Published on 25/03/2020
» The Bank of Thailand has expanded the scope of a special credit facility to provide liquidity to mutual funds by allowing banks to repurchase all money market and daily fixed-income funds, but the central bank will repurchase only underlying assets that meet its requirements.
BoT predicts 5.3% GDP dive in 2020
Business, Somruedi Banchongduang, Published on 26/03/2020
» The Bank of Thailand on Wednesday forecast the economy to shrink by 5.3% this year, the first contraction since the 2008 global financial crisis, but stayed unchanged on the policy interest rate.
Central bank sets floor for pandemic debt support
Business, Somruedi Banchongduang, Published on 26/03/2020
» The Bank of Thailand has set guidelines for minimum assistance that financial institutions must offer to debtors to ease their financial burden amid the pandemic, effective from April 1.
BBL insists glitch due to high transaction volume
Business, Somruedi Banchongduang, Published on 27/03/2020
» Bangkok Bank (BBL) has clarified that its electronic banking system glitch on Wednesday stemmed from a high transaction volume and the value of fundraising schemes to help combat Covid-19 exceeding limits, not the bank's system capacity.