Thailand

GE sells 7.6% stake at Thailand's Bank of Ayudhya

GE raised about $462 million through sales of its 7.6% stake in Thailand's Bank of Ayudhya to institutional investors for 14.65 billion baht.

GE sells 7.6% stake at Thailand's Bank of Ayudhya

GE raised about $462 million through sales of its 7.6% stake in Thailand's Bank of Ayudhya to institutional investors for 14.65 billion baht.

Thai banks to lend more to SMEs

Thailand's banks are expected to lend more to SMEs next year due to new Basel requirements.

Maybank to establish banking presence in Thailand

Maybank hopes to complete its regional expansion in Southeast Asia by establishing a domestic retail and commercial banking presence in Thailand.

Thailand's Kiatnakin to increase SME lending 10-fold

Kiatnakin Bank hopes to boost its SME lending portfolio ten-fold through its newly-acquired knowledge gained from its merger with Phatra Capital.

Thailand's KBank targets better-paying credit card users

Kasikornbank is pushing for more credit cards transactions for revolving credit, aiming to raise their proportion 55 to 60 percent in two years.

Thai banks eye bigger share of Myanmar market

Thai banks are hopeful that they would get a sizable share of business in Myanmar, as the latter liberalises its financial sector.

Tbank to increase lending to small provincial companies

Thanachart Bank plans to accelerate loan growth in its SME portfolio from small enterprises in the provinces.

CIMB expands SE Asian ATM Link

CIMB Thai's ATM network will be linked to CIMB in the Philippines, the sixth country of the CIMB ATM Regional Link.

Siam Commercial Bank to issue bonds overseas

Siam Commercial Bank will issue Bt40 billion in subordinated debentures in the second and third quarters.

Will Thai banks continue to expand lending in the near term?

Check out how this will affect the competition for deposits.

Thailand's TMB Bank focuses on lending to exporters

TMB Bank wants to build its export loan portfolio by adding attractive features for supply-chain solutions for exporters and their suppliers.

Visa prepares for e-payments in Myanmar

Visa has stared a series of training workshops to prepare selected local banks for the introduction of electronic payments in Myanmar.

Krung Thai Bank to expand in Myanmar, Vietnam

Krung Thai Bank believes that it will have enough financial muscle to serve non-Thai customers such as state agencies in Myanmar and Vietnam.

Thailand's Kasikorn Bank customizes services for Chinese customers

Kasikorn Bank plans to offer Chinese-language forms and documents, Chinese-speaking call center and a number of Renminbi-based transaction services.

Thai banks set standards on lending to condo developers

Commercial banks in Thailand are more inclined to focus on medium-sized to large property developers, which are less likely to default, bank executives say.

Thai banks compete for deposits

Thailand's commercial banks are fiercely competing for deposits as lending expanded 14.2 percent in the second quarter against 10.1 percent year-on-year growth of deposits.

Thai banks say liquidity is sufficient

Thai banks are cool to Finance Minister Kittiratt Na-Ranong's advice to recapitalise as many of them have built up reserves aggressively in the past year.