Showing 71 - 80 of 1,732
KKP adds on to electric vehicle incentives
Business, Somruedi Banchongduang, Published on 28/03/2018
» Kiatnakin Bank (KKP) plans to offer electric vehicle (EV) loans to further drive the plethora of subsidies promoting the alternative energy car sector.
Scrapped digital fees to hit banking income
Business, Somruedi Banchongduang, Published on 30/03/2018
» Four large banks and a few smaller ones deciding to eliminate fees for digital banking transactions will deal a blow to the industry's fee-based income, which contributes a big portion, says the chief of the Thai Bankers' Association (TBA).
Tisco sells loan portfolio to Citi
Business, Somruedi Banchongduang, Published on 31/03/2018
» Tisco Bank and its sister All-Ways Co Ltd have inked a deal to sell their personal loan portfolio and credit card business with a combined asset value of 6.9 billion baht to Citibank N.A. (Bangkok Branch), a move the bank cited as in line with the group's policy to focus on expanding secured loan business.
BBL focuses on SME lending hike
Business, Somruedi Banchongduang, Published on 31/03/2018
» Bangkok Bank (BBL), the country's largest lender by assets, aims for 5-7% loan growth for small and medium-sized enterprises (SMEs) this year, with a focus on term loans.
BoT: Low income curbing recovery
Business, Somruedi Banchongduang, Published on 31/03/2018
» Soft purchasing power caused by lower household income in both the farm and non-farm sectors has hindered a broad-based economic recovery, says a senior official at the Bank of Thailand.
KBank cuts non-interest income target
Business, Somruedi Banchongduang, Published on 05/04/2018
» Kasikornbank (KBank), which has the country's most popular mobile banking app, has slashed its non-interest income growth target this year to a contraction of 6-8% after the bank jumped on the fee-cut bandwagon for online transactions.
Patchara in as KBank president
Business, Somruedi Banchongduang, Published on 06/04/2018
» Kasikornbank's board of directors has appointed insider Patchara Samalapa as KBank's new president, effective from April 4, giving the bank four presidents at once, according to a statement released yesterday.
SCB sets sights on SSI debt
Business, Somruedi Banchongduang, Published on 07/04/2018
» Siam Commercial Bank (SCB), the country's second-largest lender by assets, conservatively estimates it can recover more than one-third of Sahaviriya Steel Industries' (SSI's) 22-billion-baht debt after the country's largest hot-rolled steel maker completes its 12-year debt rehabilitation plan.
SCB to close 200 branches
Business, Somruedi Banchongduang, Published on 09/04/2018
» Siam Commercial Bank (SCB) plans to shutter 200 physical branches this year as part of its three-year plan to cut operating costs by 30% by 2020 and move towards digital banking.
SMEs 'not suffering' from higher rates
Business, Somruedi Banchongduang, Published on 10/04/2018
» Bank of Thailand governor Veerathai Santiprabhob played down Finance Minister Apisak Tantivorawong's recent comment that commercial banks charge too much interest to small- and medium-sized enterprises (SMEs) compared to large corporates, saying SMEs enjoy competitive rates.