Showing 71 - 80 of 442
KBank to transfer B60bn of bad loans
Business, Somruedi Banchongduang, Published on 01/02/2025
» Kasikornbank (KBank) plans to transfer bad assets worth around 60 billion baht to its new joint venture asset management company (JV-AMC) by 2026, reducing the bank's non-performing loans (NPLs).
Bangkok Bank targets SE Asia for growth
Business, Somruedi Banchongduang, Published on 30/01/2025
» Bangkok Bank (BBL) is focusing on four high-growth economies in Southeast Asia to drive its international banking business this year.
Listed banks post 7% net profit growth last year
Business, Somruedi Banchongduang, Published on 23/01/2025
» The banking industry reported softer net profit growth of 7% in 2024, reflecting the country's economic conditions.
BBL: Investment likely to keep flowing into Thailand
Business, Somruedi Banchongduang, Published on 17/01/2025
» Bangkok Bank (BBL) expects sustained growth in foreign direct investment (FDI) into Thailand over the next few years, presenting significant opportunities for the Thai economy despite global uncertainties.
SCB X focuses on technology at spin-offs
Business, Somruedi Banchongduang, Published on 15/01/2025
» SCB X, a financial technology company, expects improved performance from its Generation 2 financial subsidiaries this year following business transfers the past few years.
Banks aim to hike return on equity
Business, Somruedi Banchongduang, Published on 02/01/2025
» Large local banks are aiming to increase their return on equity (ROE) to maximise profitability over the next few years. However, the financial ratio of the Thai banking industry remains relatively low compared to regional peers.
BoT preps phase 2 of drive for sustainability
Business, Somruedi Banchongduang, Published on 31/12/2024
» The Bank of Thailand is implementing phase 2 of its Thailand Taxonomy to standardise the transition of banks and local businesses towards sustainability.
Debt relief scheme seen as too small to impact bank ratings
Business, Somruedi Banchongduang, Published on 24/12/2024
» The government's latest debt relief scheme is unlikely to affect the credit rating of Thailand's banking industry in 2025 due to the modest scope of the measures, according to Fitch Ratings Thailand.
Citi Thailand projects 3.2% GDP growth
Somruedi Banchongduang, Published on 20/12/2024
» Citi Thailand is upbeat about the local economy in 2025, fuelled by domestic investments from both the public and private sectors, with tourism remaining a key driver of growth.
Banking income dented by debt aid
Business, Somruedi Banchongduang, Published on 14/12/2024
» The government's recently unveiled debt relief scheme is expected to reduce interest income for the banking industry, but should improve asset quality in the long term, say analysts.