Thailand

The bank is the first major player in Thailand to apply blockchain to enhance supply chain transactions. Krungsri is leveraging on the knowledge from its Japanese parent, Mitsubishi UFJ Financial Group (MUFG), as well as new technologies to rapidly grow its commercial customer base in Thailand. The bank pioneered the use of decentralised ledger technology to significantly increase the speed, transparency and accountability of supply chain transactions and expand capital access to cash-short SMEs. It has been six years since MUFG acquired 76.88% of the Thai bank, and since then, it has wasted no time in transferring knowledge, skills and all-important market access to its local subsidiary. By banking on emerging technologies, Krungsri hopes to sustain robust asset growth figures in its commercial banking business.

Non-interest income which may have dropped 8% hit profits.

It will start with over 50 dedicated professionals.

He will make the case for whether bank branches still have merit in the digital age.

The firms were previously in talks for a possible $3b sales of SCB Life Insurance.

It will also launch its withdrawal services by Q2.

SMEs can access digital tools and financing opportunities through the scheme.

It plans to expand the tech to customers opening passbooks via mobile app by Q2 2019.

It chose to invest because it believed that the merger would yield a more efficient bank.

LGT Securities will complement the company's private bank efforts in Hong Kong and Singapore.

Total capital adequacy ratios hit 18% in November 2018.

Retail mortgage NPLs account for 16.6% of systemic bad loans and 25.9% of total loans.

GSB aims to have a total of 226,000 top-up points.

The bank is in the process of resolving one big corporate NPL.

It aims to boost local currency usage of both the riel and baht.

SME loans accelerated to 7.2% in September 2018 from 2.4% in 2017.