Thailand
Krung Thai Bank profit balloons 140% to $230.26m in Q2
A sharp decline in provisions, which fell by half, buoyed earnings.
Krung Thai Bank profit balloons 140% to $230.26m in Q2
A sharp decline in provisions, which fell by half, buoyed earnings.
TMB Bank profit down 13% to $60.07m in Q2
Lending to SME weakened amidst an economic slowdown.
Thailand and Cambodia to launch QR code payment system
This will streamline the cross-border fund transfer process.
Thai banks weather digital fee waiver after profits climb 21% to $963m in Q2
Krung Thai Bank’s net profit more than doubled to $230.08m.
7-Eleven stores in Thailand to start offering banking services
The convenience store operator is aiming to be a commercial bank agent.
Falling credit costs soften earnings blow on Thai banks
Net profit is expected to edge up 5% in Q2.
Masaaki Suzuki shares his vision and goals for Krungsri JPC/MNC Banking's growth
The bank’s Japanese corporate clients in Thailand are in for a stronger set of banking products and services.
Thailand is developing its digital currency for interbank transactions
‘Project Inthanon’ could accelerate transaction and validation processes.
Thai banks set to feel pain from waived digital fees in Q2
There is an estimated 1% impact to FY18 earnings.
2018 Retail Banking Forum concludes 4-city road show in Bangkok
More than 90 delegates from Thailand's major banks graced the event.
Thai bank loans up 4.7% in Q1 as SME lending strengthens
The monthly growth was led by lending to the food and energy sectors.
Thai banks urged to rein in mortgages amidst eager market takeup
Some banks have been reportedly offering loans with steeper loan-to-value ratios.
Bank of Ayudhya pilots successful blockchain cross-border fund transfer from Thailand to Singapore
The transaction was made on the Krungsri Blockchain Interledger.
Chart of the Week: Check out the breakdown of Thai banks' bad loans
New NPL formation dropped to 66.4% of total bad loans in 2017.
Is the worst over for Thai banks?
The sector is poised for profitability as it nears the end of the bad loan cycle.
Krung Thai Bank profits crash 21% to $211.67m in Q1
Loan growth remain subdued dragging net interest income to 6%.
Siam Commercial Bank profits down 5% to $354.87m in Q1
Higher operating expenses due to staff costs and digital efforts hit the bank’s earnings.
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