Thailand
SCBX reports 15.6% net profit decline in Q2
Economic growth fell short of expectations, SCBX’s CEO said.
SCBX reports 15.6% net profit decline in Q2
Economic growth fell short of expectations, SCBX’s CEO said.
Krungsri sees FX profits rise 21% in Q1
Digital FX transactions is 64% higher year-to-date.
EXIM Thailand inks MOU to support foreign investments
The bank will give special offers, such as special interest rates, to entrepreneurs.
Bangkok Bank launches scan-to-pay shortcut
Over 68 million transactions were made using this function in May 2024.
Siam Commercial Bank inks MOU for green-linked forward contracts
Costs are tied to the company’s performance in ESG criteria.
Siam Commercial Bank kickstarts 4-year journey to revamp core banking system
It has inked a MOU with Sunline to become a full-fledged digital bank entity.
MUFG Bank, Krungsri ink MOU with Thailand’s East Economic Corridor Office
MUFG Bank and Krungsri will support customers who consider investing in the EEC.
Clean energy gap presents investment opportunities for banks
Krungsri and CIMB Thai explore use of emerging tech to monitor risks better.
SCB’s Easy and Mae Manee apps temporarily unavailable on select dates
SCB is upgrading its Easy App.
Bangkok Bank announces temporary closure of digital, payment services on 6 July
Debit and credit cards won’t be able to use their cards for transactions during the period.
SCB says Myanmar transactions unrelated to arms trade claims
The Thai bank said that it conducted an internal investigation.
Why relationship managers must embrace the hybrid approach
It’s not just about giving advice but also using the right tools.
Thai fintech unicorn Ascend Money bags $195m investment
MUFG Bank is the lead investor.
Thai banks grapple with slowing exports and weak consumer sentiment
Fitch has revised its loan growth estimates to 3% from 5% previously.
Ant International unveils microlending service bettr
It has partnered with Thailand’s AWC to start.
UOB Thailand ushers in new CEO
Richard Maloney will begin his role on 1 July.
Siam Commercial Bank shares crisis lessons from pandemic
The bank’s early investment in tech helped it grow its digital customer base to 17 million.
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