Thailand
Siam Commercial Bank unveils new uniforms made of recycled fabric
Siam Commercial Bank unveils new uniforms made of recycled fabric
The uniforms make use of plastic bottles.
6 days ago
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.
Bangkok Bank reports $358.91m net profit for Q3
Earnings per share is THB6.54 for the period that ended on 30 September 2024.
Thai banks to fall short of loan growth targets in 2024: analyst
Banks have a cautious stance as their lending policy for Q4.
Siam Commercial Bank unveils cross-border payments using stablecoin
Stablecoins will be used for settlements of payments and remittances.
Lower provisions drive up Kiatnakin Phatra Bank’s net profits in Q3
Provisions were 59% year-on-year lower.
TMBThanachart Bank sees 11% net profit growth in Q3
Net interest margin (NIM) may rise 4 basis points after a central bank rate cut.
SCB X sees 0.9% dip in 9M 2024 net profit on lower loans, fee income in Q3
Its third quarter net profit is 13.2% higher than in Q3 2023, however.
Bangkok Bank logs net profit of $1.05b for 9M 2024
Net income interest and non-interest income both rose during the period.
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