Thailand

Banks waste AI spending without workflow redesign as only 10% see gains

Embedding AI into operations and simplifying processes is key to cost-income gains in banking.

Thai insurers miss growth opportunity from concert goers

This is why Thai Setakij Insurance is looking beyond the standard travel-insurance model.

Why banks must become gatekeepers or accept commodity status

Global banking revenue is growing, but non-bank challengers will capture 35% of it by 2030.

Thai bank earnings set to weaken in challenging 2026

Net interest margins will compress, and loan growth will be subdued.

SCBX net profit down 18.5% to $316.85m in Q1 on lower interest income

SCBX said it conducted a comprehensive review of the loan portfolios across SCB.

KBank’s net profit up 42.71% to $456.16m as Middle East conflict yet to bite

The increased economic uncertainty may pose risks to its future operating performance.

Kiatnakin Phatra Q1 net profit surge 84% on fee growth and lower losses

Credit costs did rise in Q1 as the bank braces for the geopolitical impact.

TMBThanachart Bank posts higher Q1 profit despite shrinking loan book

The bank saw a decline in auto loans, credit card loan repayments, and large corporate loans.

Krungthai Card beats Q1 profit estimates but credit costs loom

However, its NPL ratio rose to 1.96% due to its non-core leasing business.

Thai banks face asset stress on risky borrower exposure

Over a fifth of Thai loans are exposed to highly leveraged large corporations.

Krungsri names Kohei Omori as head of Japanese corporate banking

He headed the corporate banking division in the US Midwest.

Commercial banks seize 45% of Thailand’s total financial assets

Depository corporations like savings cooperatives trail far behind with 6.8% share.

Krungsri teams up with Invesco to enhance advisory and wealth services

Krungsri aims to build "a multi-asset discretionary portfolio management platform."

SCB Wealth unveils CardX collab card with up to 40% shopping discount

It offers Dine 3, Pay 2 offers and special miles rates, subject to conditions.