Thailand
SCB X net profit up 18.7% to $386.9m in H1
SCB X net profit up 18.7% to $386.9m in H1
Q2 net profit rose 27.7% on higher investment gains and reduced losses.
Bangkok Bank likely to miss 2025 net interest margin target
Its Q2 2025 earnings growth was flat year-on-year.
TMBThanachart Bank’s dividend payout likely at 65% for 2025
But rising NPLs in auto loans and unsecured consumer loans can be a problem.
Thailand’s SCB enforces SIM name match requirement
Customers can still make transactions as usual on ATMs and branches.
Hantec Financial unveils Southeast Asia regional office in Bangkok
The Hong Kong-headquartered company holds 12 regulatory licenses worldwide.
Bangkok Bank enables Paybooc QR payments in Thailand
Koreans using the Paybooc app can now make QR payments in the country.
Krungthai Bank to perform ATM system maintenance
ATM and ATM+ services won’t be available on certain dates and times in July.
SCB Tech X appoints new CEO
Kanakakorn has over 20 years of experience in the technology and financial sectors.
Thailand’s SCB surpasses sustainable finance target
It has disbursed THb180b, already past the THB150b target.
UOB, Frasers Thailand to support investments in Thailand, Vietnam, Indonesia
UOB Thailand will offer financial solutions to business expanding in the three countries.
Virtual banks in Thailand face tight competition and regulatory hurdles
Regulatory restrictions and target customer segments will keep them from growing too quickly.
Krungsri unveils corporate banking plans in ASEAN
It affirmed its desire to support Japanese corporations operating in Thailand.
Thailand’s central bank names new deputy governor
Suwannee Jatsadasak is now deputy governor, corporate development.
Thailand’s SCBX names Arak Sutivong as next CEO
Incumbent CEO Arthid Nanthawithaya’s term will conclude on 31 December 2026.
Krungsri and Schneider Electric promote energy efficiency in SMEs
They will develop advanced energy technologies alongside financial solutions in Thailand.
SCB extends $537.6m credit for SC Asset’s 17 premium housing projects
The bank sees opportunities in high-potential segments in the housing market.
Thai banks’ earnings expected to drop 9% in Q2 on higher credit costs
Kiatnakin Phatra and SCB X will likely log an increase in credit costs.
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