Thailand

Thai banks’ lending dip 0.4% in Q4 2024

Thai banks’ lending dip 0.4% in Q4 2024

Central bank says there is need to monitor SMEs and households’ ability to repay debt
1 day ago

Experts examine AI's impact on Thailand’s financial services sector

Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.
2 days ago

Krungsri teams up with food manufacturers to launch green FX program

Customers who achieve predefined ESG targets can get reduced costs.

Kasikornbank headed for year of portfolio clean-up

UOB Kay Hian “surprised” regarding the Thai bank’s flat loan growth target.

Thai banks have room to improve costs, loans in 2025: UOBKH

But loans extended to SMEs will continue to remain sluggish in quality.

Auto industry may weigh on Kiatnakin Phatra Bank: analyst

Its Q4 2024 provision is 34% higher than in Q3.

SCBX net profit inch up 1% YoY to $1.29b in 2024

Interest income is higher, but fee and investment/trading income are lower.

Thailand tightens anti-money laundering measures after UN report

An OHCHR report alleged that Thai FIs provided services for arms procurement.

Thai banks’ Q4 profit slated for 20% growth with portfolio cleanup

Kiatnakin Phatra Bank, Tisco may see a rise in credit costs, an analyst said.

SCB’s Mae Manee app temporarily available on Dec 13-14

It will be down from December 13, 11PM to December 14, 5AM

Siam Commercial Bank inks MOU with Thailand Privilege Card

It will provide financing and investment services to card members.

Thailand’s banking system loans contract 2% in Q3

Loans to petrochemical, electronic, and automotive sectors fell.

Siam Commercial Bank offers 0% interest solar panel installation packages

The package includes solar panels, inverter equipment, and installation.

Siam Commercial Bank, Praram 9 Hospital to develop ESG-aligned financial products

Praram 9 Hospital is the first private hospital to join the Sustainability Deposit initiative.

Citi unveils real-time 24/7 liquidity mgmt solution in Thailand

With 7-Day Sweeps, cash concentration capabilities are extended to non-business days.

Export-Import Bank of Thailand faces elevated asset quality risk, profit pressures

Its gross NPL ratio rose whilst profitability declined in the first half of 2024.