Showing 41 - 50 of 105
Banking sector's profits gain on higher interest income
Business, Somruedi Banchongduang, Published on 23/07/2022
» The local banking sector recorded improved net profit for the first half year-on-year, attributed to higher interest income.
Listed banks see Q1 profits jump 14.4%
Business, Somruedi Banchongduang, Published on 23/04/2022
» The 10 SET-listed banks posted a combined net profit of 53.3 billion baht for the first quarter of 2022, an increase of 14.4% year-on-year, thanks to a decline in loan-loss provisions in line with an economic rebound.
BoT eyes higher bank capital reserves
Business, Somruedi Banchongduang, Published on 25/03/2022
» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.
Banks post improved profits last year
Business, Somruedi Banchongduang, Published on 22/01/2022
» The local banking sector reported higher net profit for 2021 thanks to lower loan-loss provisions and improved operating profit, despite challenging economic conditions given the impact of the prolonged pandemic.
World Bank upbeat on Thai growth
Business, Somruedi Banchongduang, Published on 15/12/2021
» The World Bank predicts Thai economic activity will return to 2019 levels by the end of 2022, helping support GDP growth of 3.9% next year, up from 1% this year.
Robinhood sets out plans to be a 'super app'
Business, Somruedi Banchongduang, Published on 27/10/2021
» Robinhood, a Thai food delivery platform under Siam Commercial Bank (SCB) group, plans to raise funds next year and launch three non-food services, aiming to become what it calls a regional "super application".
Banks Q3 profit hit by pandemic's impact
Business, Somruedi Banchongduang, Published on 23/10/2021
» Commercial banks posted combined net profit decline for the third quarter of this year, compared with the previous quarter, mainly impacted by higher numbers of new Covid-19 cases and the government's tougher pandemic containment measures.
Banks prepare for an uncertain year
Business, Somruedi Banchongduang, Published on 22/07/2021
» The Thai banking industry will continue to face high levels of uncertainty in business operations in the second half of the year, mainly due to the rising number of Covid-19 cases, said Thanyalak Vacharachaisurapol, deputy managing director at Kasikorn Research Center (K-Research).
Investors lap up $600m worth of KTB tier-one bonds
Business, Somruedi Banchongduang, Published on 27/03/2021
» Krungthai Bank (KTB) has issued US$600 million worth of additional tier-one (AT1) bonds in a move to strengthen its capital base in preparation for uncertainty during the pandemic.
SCB rethinks operations for profits
Business, Somruedi Banchongduang, Published on 10/03/2021
» Siam Commercial Bank (SCB) is prepared to further expand and digitise businesses in a bid to enhance profitability and return on equity (ROE).