Showing 281 - 290 of 291
Banks look to capitalise on agent services
Business, Somruedi Banchongduang, Published on 19/02/2018
» Banks are keen to apply for banking agent licences, allowing them to expand financial services at lower cost as more traditional branches close.
BoT: NPLs picked to improve
Business, Somruedi Banchongduang, Published on 13/02/2018
» Commercial lenders' bad loans are showing signs of improvement this year after peaking in the third quarter last year, says a senior official at the Bank of Thailand.
Institutions asked to avoid digital tokens
Business, Somruedi Banchongduang, Published on 13/02/2018
» The Bank of Thailand has asked all financial institutions to stay away from making or being involved in cryptocurrency transactions, following recent moves to curb the risks of virtual currencies.
TMB raises rates for ME deposits
Business, Somruedi Banchongduang, Published on 02/02/2018
» ME by TMB, a digital deposit platform for TMB Bank, aims to expand its new customer base by 20% this year, says Mingkwan Pattanawong, head of marketing for TMB.
BoT eases capital outflow rules to cool down baht
Business, Somruedi Banchongduang, Published on 02/02/2018
» The Bank of Thailand has further eased rules to encourage more capital outflows by allowing a greater number of retail investors to directly put money into overseas securities. The move is part of efforts to rein in the stronger baht.
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.
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.
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.
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.