Showing 71 - 80 of 105
CIMBT takes tech turn into digital realm
Business, Somruedi Banchongduang, Published on 27/12/2019
» CIMB Thai Bank (CIMBT) is prioritising digital banking next year, setting an aggressive target for all customers to use its mobile banking app in 2020, its chief says.
KTB makes most of TFRS 9
Business, Somruedi Banchongduang, Published on 19/12/2019
» Krungthai Bank (KTB) plans to exploit the central bank's easing of loan-loss provisions under Thai Financial Reporting Standards 9 (TFRS 9), which enables banks to set aside reserves of 1% for new loans over the course of three years, starting from 2020.
K-Research: AMC numbers climbing
Business, Somruedi Banchongduang, Published on 16/12/2019
» The number of asset management companies (AMCs) in Thailand has increased significantly over the past eight years, representing hopes to capitalise on business opportunities amid higher bad-asset divestment by financial institutions, according to Kasikorn Research Center.
K-Research: 100,000 jobs gone in 2019
Business, Somruedi Banchongduang, Published on 10/12/2019
» Kasikorn Research Center (K-Research) predicts at least 100,000 job losses this year and another 30,000 next year, dampened by an export slump, tepid economic growth and drought.
KTB adds on vintage NPA reserves
Business, Somruedi Banchongduang, Published on 24/10/2019
» Krungthai Bank (KTB) aims to continue setting aside additional loan-loss reserves for vintage non-performing assets (NPAs) this quarter after the planned divestment of bad assets was delayed because of the sluggish economy and property sector.
Banks report 1.8% rise in Q3 profit
Business, Somruedi Banchongduang, Published on 22/10/2019
» Eleven SET-listed commercial banks posted a 1.81% year-on-year increase in consolidated unreviewed net profit for the three months through September, while most of them continued to see an uptick in bad loans.
Banks' net profit trends lower
Business, Somruedi Banchongduang, Published on 20/07/2019
» Nine SET-listed banks' aggregate net profit for the second quarter was a tad lower than a year earlier as higher interest income and lower impairment costs almost offset increases in operating expense, while almost all banks saw an uptick in bad loans.
No job losses foreseen at merged banks
Business, Somruedi Banchongduang, Published on 28/02/2019
» TMB Bank and Thanachart Bank (TBank) say they have no plans to shed workforce and will relocate overlapping branches after their merger.
KBank aims for half of income from data
Business, Somruedi Banchongduang, Published on 29/01/2019
» Kasikornbank (KBank) projects data-driven income will account for half of total income by 2020, while targeting digital loan growth doubling this year.
Thai Bankers' Association warns over phishing
Business, Somruedi Banchongduang, Published on 25/01/2019
» The Thai Bankers' Association (TBA) is warning of phishing scams affecting a wide range of local banks, though it says the number of phishing victims is still minimal.