Showing 71 - 80 of 266
NPLs for pickup trucks rise sharply
Business, Somruedi Banchongduang, Published on 30/07/2024
» The National Credit Bureau (NCB) reported a 39% increase in bad debt for pickup truck loans in May.
Country's leading banks post mixed results for first half
Business, Somruedi Banchongduang, Published on 20/07/2024
» The big three banks reported mixed results for the first half of this year.
Banks set for potential EA cross-default
Business, Somruedi Banchongduang, Published on 18/07/2024
» Banks are expected to set aside over 10 billion baht in total loan loss provisions for embattled Energy Absolute (EA) if the company faces a cross-default, according to UBS Securities (Thailand).
Government Pension Fund being more selective about investment
Business, Somruedi Banchongduang, Published on 16/07/2024
» The Government Pension Fund (GPF) has raised concerns about portfolio investments in consumer loan-related businesses due to heightened credit risk within the financial sector.
Doubts cast on central bank's GDP forecasts
Business, Somruedi Banchongduang, Published on 12/07/2024
» Thailand's GDP growth is unlikely to increase in the second half of this year as anticipated by the central bank, according to the newly-appointed chairman of the National Economic and Social Development Council (NESDC), the state planning agency.
Fitch downgrades based on financial leverage
Business, Somruedi Banchongduang, Published on 11/07/2024
» Fitch Ratings Thailand downgraded three large local companies in the first half of this year based on their weakened ability to repay debt, attributed to increased financial leverage.
SCB X preps for virtual bank licence
Business, Somruedi Banchongduang, Published on 09/07/2024
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank, is gearing up to apply for a virtual banking licence from the Bank of Thailand in September.
BoT views household debt trend as easing
Business, Somruedi Banchongduang, Published on 06/07/2024
» The Bank of Thailand anticipates a further decline in the country's household debt-to-GDP ratio, supported by the Thai economic recovery and slower loan growth.
Banks projected to beat sustainable loan growth targets
Business, Somruedi Banchongduang, Published on 04/06/2024
» Large banks anticipate achieving sustainable loan growth targets ahead of their timelines over the next few years, aligning with Thailand's net-zero transition goals.
Large banks pushed on transition loans
Business, Somruedi Banchongduang, Published on 29/05/2024
» The Bank of Thailand has encouraged large commercial banks to offer transition finance to assist local businesses in moving from carbon-intensive industries to more sustainable practices.