Thailand

Siam Commercial Bank unveils online gold trading service

It offers real-time transactions starting at 0.1 troy ounces.

Siam Commercial Bank targets top wealth manager spot in Thailand

SCB CEO expects Thai assets to exceed $1t by 2028.

Thai digital banks urged to rethink playbook

They should acquire customers from the get-go with profit in mind.

Bangkok Bank approves paying out $485m for dividends

The THB6.5 per ordinary share will be paid out on 9 May.

Thai banks’ lending dip 0.4% in Q4 2024

Central bank says there is need to monitor SMEs and households’ ability to repay debt

Experts examine AI's impact on Thailand’s financial services sector

Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.

Krungsri teams up with food manufacturers to launch green FX program

Customers who achieve predefined ESG targets can get reduced costs.

Kasikornbank headed for year of portfolio clean-up

UOB Kay Hian “surprised” regarding the Thai bank’s flat loan growth target.

Thai banks have room to improve costs, loans in 2025: UOBKH

But loans extended to SMEs will continue to remain sluggish in quality.

Auto industry may weigh on Kiatnakin Phatra Bank: analyst

Its Q4 2024 provision is 34% higher than in Q3.

SCBX net profit inch up 1% YoY to $1.29b in 2024

Interest income is higher, but fee and investment/trading income are lower.

Thailand tightens anti-money laundering measures after UN report

An OHCHR report alleged that Thai FIs provided services for arms procurement.

Thai banks’ Q4 profit slated for 20% growth with portfolio cleanup

Kiatnakin Phatra Bank, Tisco may see a rise in credit costs, an analyst said.

SCB’s Mae Manee app temporarily available on Dec 13-14

It will be down from December 13, 11PM to December 14, 5AM