Showing 1-10 of 146 results
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SCB tightens loan approval criteria
Business, Somruedi Banchongduang, Published on 18/07/2023
» Siam Commercial Bank (SCB), a banking business unit under SCB X Plc, has tightened underlying criteria on new loan approval to control asset quality amid higher risk.
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Robinhood to move into nanofinance
Business, Somruedi Banchongduang, Published on 19/07/2023
» Robinhood, an application for an on-demand delivery service platform under SCB X, plans to offer nanofinance next month in a bid to grow new loans by 100 million baht this year.
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BoT calls for stable policies
Business, Somruedi Banchongduang, Published on 20/07/2023
» Public confidence is more important than the new face of the upcoming coalition government and the new prime minister, while policy normalisation and the stability of fiscal and monetary policies are still required from the new government rather than economic stimulus, according to the governor of the Bank of Thailand.
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BoT okays 3 virtual bank licences
Somruedi Banchongduang, Published on 20/07/2023
» The Bank of Thailand has decided to grant only three virtual bank licences initially, saying the number is suitable to ensure stability of the local financial market and protect depositors from risk associated with new businesses.
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DUP/BoT okays 3 virtual bank licences
Business, Somruedi Banchongduang, Published on 21/07/2023
» The Bank of Thailand has decided to grant only three virtual bank licences in the first round. The number is suitable to ensure stability of the Thai financial market and protect depositors from any risk of the new banking business, according to the governor of the central bank.
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BoT touts persistent debt scheme
Business, Somruedi Banchongduang, Published on 22/07/2023
» The Bank of Thailand is encouraging 500,000 borrowers to apply for its persistent debt programme to benefit from lower interest rates and exit earlier from the debt cycle.
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Banks post 15% profit growth in first half
Business, Somruedi Banchongduang, Published on 25/07/2023
» Rising interest rates boosted banks' earnings in the first half with more than 15% net profit growth.
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SCB chief spurns ministerial post
Business, Somruedi Banchongduang, Published on 25/07/2023
» Arthid Nanthawithaya, chief executive of SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), said he would reject the post of finance minister in the incoming government if he were to be offered it.
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BoT issues warning over volatility in bond, capital markets
Business, Somruedi Banchongduang, Published on 26/07/2023
» The Bank of Thailand has raised concerns over the Thai capital and bond markets, given domestic political uncertainty and default risks pertaining to corporate debentures.
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Banks respond to household debt plan
Business, Somruedi Banchongduang, Published on 28/07/2023
» Financial institutions are ready to comply with the Bank of Thailand's household debt resolution, starting with measures to help reduce persistent debt (PD) from April next year.
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