Thailand

Lack of virtual bank licence ‘not a big problem’ for Bangkok Bank

Lack of virtual bank licence ‘not a big problem’ for Bangkok Bank

It estimates that virtual banks’ business revenue will not be significant in the first 5 years of operations.

Investment gains boost Thai banks’ Q2 performances

Banks’ net profit is expected to soften in H2 2025.

KBANK credit costs’ set to exceed target on trade pressures

In the worst-case scenario, credit cost could rise to 170bp.

Krungthai Bank’s net profit dip 1% to $344.37m in Q2

Basic earnings per share is THB0.8 for the quarter.

SCB X net profit up 18.7% to $386.9m in H1

Q2 net profit rose 27.7% on higher investment gains and reduced losses.

Bangkok Bank likely to miss 2025 net interest margin target

Its Q2 2025 earnings growth was flat year-on-year.

TMBThanachart Bank’s dividend payout likely at 65% for 2025

But rising NPLs in auto loans and unsecured consumer loans can be a problem.

Thailand’s SCB enforces SIM name match requirement

Customers can still make transactions as usual on ATMs and branches.

Hantec Financial unveils Southeast Asia regional office in Bangkok

The Hong Kong-headquartered company holds 12 regulatory licenses worldwide.

Bangkok Bank enables Paybooc QR payments in Thailand

Koreans using the Paybooc app can now make QR payments in the country.

Krungthai Bank to perform ATM system maintenance

ATM and ATM+ services won’t be available on certain dates and times in July.

SCB Tech X appoints new CEO

Kanakakorn has over 20 years of experience in the technology and financial sectors.

Thailand’s SCB surpasses sustainable finance target

It has disbursed THb180b, already past the THB150b target.

UOB, Frasers Thailand to support investments in Thailand, Vietnam, Indonesia

UOB Thailand will offer financial solutions to business expanding in the three countries.

Virtual banks in Thailand face tight competition and regulatory hurdles

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

Krungsri unveils corporate banking plans in ASEAN

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

Thailand’s central bank names new deputy governor

Suwannee Jatsadasak is now deputy governor, corporate development.