Showing 971 - 980 of 991
BoT to keep a lid on baht interventions
Business, Somruedi Banchongduang, Published on 21/02/2018
» The Bank of Thailand is expected to scale back its interventions in the foreign exchange market amid concerns they could prompt the wrath of the US and place Thailand on a currency manipulation watchlist, says a Kasikornbank (KBank) senior executive.
BAY bumping SME loan ratio up to 18-20% to balance portfolio
Business, Somruedi Banchongduang, Published on 21/02/2018
» Bank of Ayudhya (BAY) plans to raise its small and medium-sized enterprise (SME) loan ratio to 18-20% of loans outstanding in the next three years as the bank seeks to balance its loan portfolio.
Banks look to capitalise on agent services
Business, Somruedi Banchongduang, Published on 19/02/2018
» Banks are keen to apply for banking agent licences, allowing them to expand financial services at lower cost as more traditional branches close.
Policy rate unchanged to foster growth
Business, Somruedi Banchongduang, Published on 15/02/2018
» The Bank of Thailand's rate-setting panel kept the policy rate unchanged yesterday as widely expected, saying purchasing power has improved, albeit at a gradual pace, and the economic recovery is picking up speed.
Banks sweeten SME pot to buoy accounting scheme
Business, Somruedi Banchongduang, Published on 08/02/2018
» The country's five largest banks will offer a fixed interest rate of 5% for two years to small- and medium-sized enterprises (SMEs) that apply for the special loans in return for adopting a single financial account.
BoT eases capital outflow rules to cool down baht
Business, Somruedi Banchongduang, Published on 02/02/2018
» The Bank of Thailand has further eased rules to encourage more capital outflows by allowing a greater number of retail investors to directly put money into overseas securities. The move is part of efforts to rein in the stronger baht.
BoT official hints at higher GDP forecast
Business, Somruedi Banchongduang, Published on 01/02/2018
» The Bank of Thailand may upgrade its current GDP growth forecast of 3.9% for 2018 because state investment is expected to provide a larger boost, says a senior official at the central bank.
Survey: Lending structure may cause economic harm
Business, Somruedi Banchongduang, Published on 25/01/2018
» The structure of lending in Thailand, which has a high concentration of lenders and borrowers, could have a widespread impact to the country's economic system in the event that there is a change in lending supply from large banks or demand from large borrowers, the central bank's think tank says.
BoT: Banking agent regulations due this quarter
Business, Somruedi Banchongduang, Published on 24/01/2018
» The Bank of Thailand is due to announce this quarter regulations governing banking agent licences, which allows banks to access people in remote areas with cheaper operating costs.
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.