Thailand

Virtual banks in Thailand face tight competition and regulatory hurdles

Regulatory restrictions and target customer segments will keep them from growing too quickly.
3 days ago

Krungsri unveils corporate banking plans in ASEAN

It affirmed its desire to support Japanese corporations operating in Thailand.
4 days ago

Thailand’s central bank names new deputy governor

Suwannee Jatsadasak is now deputy governor, corporate development.
4 days ago

Thailand’s SCBX names Arak Sutivong as next CEO

Incumbent CEO Arthid Nanthawithaya’s term will conclude on 31 December 2026.

Krungsri and Schneider Electric promote energy efficiency in SMEs

They will develop advanced energy technologies alongside financial solutions in Thailand.

SCB extends $537.6m credit for SC Asset’s 17 premium housing projects

The bank sees opportunities in high-potential segments in the housing market.

Thai banks’ earnings expected to drop 9% in Q2 on higher credit costs

Kiatnakin Phatra and SCB X will likely log an increase in credit costs.

Thailand names three successful virtual bank applicants

They will need to begin business operations by June 2026.

Krungsri unveils loan for laundromat franchise Otteri

Financing is offered up to 110% of the total investment for a maximum of THB5m.

Thai banks’ loans contract 1.3% in Q1 on debt repayments and bad loans

But banks’ profitability improved compared to Q4 2024, the central bank said.

MSIG, Bank of China and China Pacific ink bancassurance deal in Thailand

It aims to leverage the $5.2b in new Chinese investments entering Thailand in 2024.

Bangkok Bank connects with China’s fund transfer network

This is expected to reduce transaction times and costs for export-import businesses.