Thailand
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 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.
Bangkok Bank ties up with equity crowdfunding platform
The bank’s clients can gain access to available venture capital opportunities on OurCrowd.
How can blockchain unblock Thai banks' trade finance slump?
Banks are pooling resources to break growth ceilings with the planned development of a blockchain-powered trade finance platform.
Kasikornbank profits up 6% to $338.82m in Q1
The bank was able to keep a lid on its bad debt with NPL ratio closing in at 3.3%.
Bangkok Bank profits up 9% to $285.08m in Q1
Core operating revenue also grew across major items.
TMB Bank profits up 9% to $72.44m in Q1
Net fee income, which surged 35%, buoyed quarterly earnings.
Chart of the week: Check out the bad loan ratio of Thai banks in 2017
Gross NPL volume rose 20% to $11.6b in Q2.
Thai banks bear the brunt of lower SME lending rates
TMB and KBANK are poised to suffer the most should they opt to accommodate SMEs.
How can Thai banks cushion the cost impact from waived digital fees?
Fee waivers could cost the banking system as much as $288.45m in foregone revenue.
Citibank Thailand to acquire TISCO's credit card and personal loans portfolio
The total portfolio is expected to include over $150m in receivables.
Thai banks to waive digital transaction fees amidst heated e-wallet competition
However, the move is estimated to slash profits by up to 5%.
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