Showing 91 - 100 of 105
BoT tells banks to tackle cybersecurity
Business, Somruedi Banchongduang, Published on 07/08/2018
» The Bank of Thailand has instructed all banks to make cybersecurity a priority, develop systems to tackle unauthorised access and offer compensation in the event of financial losses from a data breach.
Fee income faces hit, BoT official says
Business, Somruedi Banchongduang, Published on 15/05/2018
» Commercial banks' fee-based income from money transfer services, starting from this quarter, is expected to decline significantly after most waived digital banking transaction fees, says a senior official at the Bank of Thailand.
CIMBT says IFRS 9 to hit mortgages
Business, Somruedi Banchongduang, Published on 14/05/2018
» Mortgage lenders' appetite is expected to be whittled down when International Financial Reporting Standard 9 (IFRS 9) is adopted as the new accounting rule, requiring them to set aside higher loan-loss provisions based on lifetime expected credit losses.
The dawn of digital banking
Spectrum, Somruedi Banchongduang, Published on 22/04/2018
» When out at any shopping mall, it's common for consumers to use anything from credit cards to e-wallets when making purchases nowadays. But when it comes to traditional markets, or talat nat, found faraway from these commercial venues, it's only been recently that one can catch sight of these types of transactions taking place.
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.
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: NPLs picked to improve
Business, Somruedi Banchongduang, Published on 13/02/2018
» Commercial lenders' bad loans are showing signs of improvement this year after peaking in the third quarter last year, says a senior official at the Bank of Thailand.
KKP aims for 10% growth in loans
Business, Somruedi Banchongduang, Published on 26/01/2018
» SET-listed Kiatnakin Bank (KKP) has set an aggressive loan growth target of 10% this year after recording a rise in 2017 -- the first time in three years.
KBank plans buffer for SME loans
Business, Somruedi Banchongduang, Published on 25/01/2018
» Kasikornbank (KBank) is required to set aside larger loan impairment charges for its small and medium-sized enterprise (SME) loans in compliance with the International Financial Reporting Standard 9 (IFRS9), which requires lenders to have larger reserves and earlier recognition of credit losses.
KTB net profit takes mighty tumble
Business, Somruedi Banchongduang, Published on 23/01/2018
» State-owned Krungthai Bank's (KTB) unaudited consolidated net profit tumbled by 30.5% last year largely because of a 34.1% surge in loan-loss charges, making it the worst performer among SET-listed bank peers.