Showing 81 - 90 of 105
Thai banking's man of letters follows his heart
Business, Somruedi Banchongduang, Published on 19/01/2019
» Although Winyou Chaiyawan, chief executive of Thai Credit Retail Bank (TCRB), has a hectic schedule steering his family business amid fierce competition, he has never abandoned his passion for writing.
CIMBT sees better profits
Business, Somruedi Banchongduang, Published on 22/12/2018
» CIMB Bank Thai (CIMBT) is optimistic on its business outlook, estimating that profitability will improve over the next two years as infrastructure is developed.
BBL assigning reserves against uncertainty
Business, Somruedi Banchongduang, Published on 07/11/2018
» Bangkok Bank (BBL), the country's largest lender by assets, plans to set aside additional reserves for credit losses next year as a cushion against future uncertainties, says executive chairman Deja Tulananda.
KTB admits lending growth target miss
Business, Somruedi Banchongduang, Published on 01/11/2018
» Krungthai Bank (KTB), the country's fourth-largest lender by assets, estimates its loans outstanding will grow less than 2% this year, missing its 5-7% target, as a major portion of lending borrowed by credit cooperatives was refinanced to other banks.
Listed banks see Q3 net profit rise
Business, Somruedi Banchongduang, Published on 20/10/2018
» Eleven SET-listed commercial banks delivered a 14.7% year-on-year increase in unreviewed aggregated net profit for the three months through September, largely boosted by lower loan-loss provisions, higher net interest income and TMB Bank's one-time gain of 11.8 billion baht from the divestment of a 65% stake in its asset management subsidiary.
Q3 net profit hikes for SCB, BAY
Business, Somruedi Banchongduang, Published on 19/10/2018
» SET-listed Siam Commercial Bank's (SCB) unreviewed consolidated net profit for the July-to-September quarter rose 3.7% year-on-year as a sharp decline in impairment charges for loan losses cancelled out the impact from digital banking fee waivers and higher operating expenses for SCB's transformation programme.
Thai Credit Retail Bank sticks with organic growth to double
Business, Somruedi Banchongduang, Published on 16/10/2018
» Thai Credit Retail Bank (TCRB) wants to continue growing organically, aiming to almost double net profit in the next few years and more than double its asset size.
BBL reins in lending on housing glut
Business, Somruedi Banchongduang, Published on 10/09/2018
» Bangkok Bank (BBL), the country's largest lender by assets, has tightened both mortgage lending and refinancing for condominium projects to guard against risks amid an oversupply in some areas, says a high-ranking executive.
Political turmoil blamed for GDP losses
Business, Somruedi Banchongduang, Published on 28/08/2018
» Thailand's political uncertainty over the past 20 years took a toll on the country's economic growth, shaving off 0.4 percentage points per year on average and depressing growth below its potential, according to a joint survey by the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier).
TBA: Transfer glitch refunds shortened to 1 day
Business, Somruedi Banchongduang, Published on 08/08/2018
» The Thai Bankers' Association (TBA) has agreed to shorten the period for unmatched fund transfer returns in the event of mobile app glitches to one day from a few days.