Thailand
TMB Bank profits up 9% to $72.44m in Q1
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%.
14 Thai banks collaborate to develop shared blockchain platform
The banks make up the Thailand Blockchain Community Initiative.
Siam Commercial Bank ties up with Julius Baer for wealth management venture
SCB’s high net worth clients can tap on on the Swiss private bank’s expertise and advising services.
Chart of the Week: Check out how Thai consumers are turning to digital banking services
Mobile and internet banking accounted for 33% of total payment transactions for 9M 2017.
Thailand's digital banking shift to boost banks' revenue
The transition will rationalise banks' branch networks and improve cost efficiencies, said Moody’s.
KBank taps Avaloq to grow its private banking arm
The project will be Avaloq’s first foray into Thailand.
Kasikornbank revenue up 8% to $787.26m in 2017
Thanks to robust demand for corporate loans.
Bangkok Bank's earnings growth to accelerate in 2018
It will be fueled by improving loan demand, fee income, and credit cost.
Thai banks to improve loan growth to 5.9% in 2018
This is premised on the country's continued economic recovery.
Thai banks' earnings sink 19% YoY to $1.26b
They expect to recover earnings and ROE in 2018.
Siam Commercial Bank revamps digital banking efforts
It aims to expand its mobile banking user base to 10m by 2020.
CIMB raises fixed deposit and lending rates
This is in response to Malaysia's central bank's 0.25% rate hike.
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