Thailand

Siam Commercial Bank Q4 profit hit by sharp provision spike

Provisions surged 73% as asset quality deteriorated.

Thai banks weather digital fee waiver as 2018 earnings rise 8.2% to $6.69b

TMB Bank outperformed its peers as yearly profit surged 34%.

TMB-Thanachart Bank merger to secure approval by end-January: official

The government approved tax incentives last year to ease consolidation.

Kasikornbank ties up with Japan mobile chap operator Line

The bank will tap on the latter's 44 million users to grow personal loans.

Thailand mulls harsher stance against cash transactions

Banks are considering additional fees as it aims to speed up e-payment adoption.

Thai banks' Q3 loan growth up 6.4% as consumers snap up credit

Consumer loans outpaced industry average at 8.4%.

Thai lenders bank on revamped apps to sustain growth

Krung Thai Bank and Kasikornbank have updated their apps.

Krungsri's Nathapol Luepromchai on making sustainable returns from mortgage loans

It starts with developing a tool that enables staff to update the status of loan approval anytime, anywhere.

TMB Bank profit skyrockets 179% to $170.27m in Q3

A huge one-off gain powered earnings through the roof.

Thai banks brace for blow from tighter mortgage curbs

The central bank imposed an 80% loan-to-value limit on mortgages.

Thailand pushes for regional cross-border fund transfer via QR code

It tying up with Cambodia, Laos, Myanmar and Vietnam.

Chart of the Week: Thai banks put up fight against telcos in e-wallet war

Lenders will  snap up half of the market in the next four years.

Citibank Thailand completes acquisition of TISCO's consumer portfolio

The bank has added over 130,000 new accounts and $150m in receivables.

Chart of the Week: Have Thai banks' credit costs peaked?

Credit costs have been on a steep uptrend in the past four years.

CIMB Thai moves to beef up thin capital buffers

It is planning to increase its capital by $120m through a rights issue.