Thailand
Bank of Ayudhya keen on digital banking
The lender’s aims to double the share of internet transactions to 10% by 2013.
Bank of Ayudhya keen on digital banking
The lender’s aims to double the share of internet transactions to 10% by 2013.
Bank of China issues UnionPay dual-currency debit card in Thailand
Bank of China Bangkok became the first Chinese bank issuing the UnionPay dual-currency debit card in Thailand.
KLeasing loan growth jumps 41 % as net profit increase by 5.8%
Kasikorn Leasing Company's earnings for the first half of 2011 totaled 237 million Baht, an increase of 5.8 percent over-year, said Mr. Isara Wongrung, Managing Director of Kasikorn Leasing Co., Ltd.
SCB boosts personal loan business by 30%
Siam Commercial Bank's personal loan business grew by 30% for the first half of the yearwith an outstanding loan amount of 18 billion baht.
Krung Thai Bank provides 2 short-term deposit products
To enable customers to gain the highest benefit from investment and to give an option for them to invest to their heart’s content, Krung Thai Bank launched 2 short-term deposit products.
Bangkok Bank boosts Thai-China trade with new CNY services
Bangkok Bank launched a range of China Yuan transaction services to help serve the expansion of trade and investment between Thailand and China.
Bangkok Bank and Asian Property sell B1.5 B in debentures
Bangkok Bank and Asian Property Development celebrated the success of the sale of the company’s 3.6-year debentures of Baht 1.5 billion.
Krung Thai Bank 2nd quarter stood profit increased to 55%
Krung Thai Bank reported a net income of 10,730 million baht, its highest semiannually net income in 16 years. Its quarterly net income soared 55% year-to-year to 1,868 million baht.
Siam Commercial offers income tax payments through credit card
The service will ease payment of SME owners and will allow the lender to expand customer base and product cross-selling.
Maybank takes over 84% stake in Kim Eng Securities Thailand
Maybank’s subsidiary had no plan to delist from the Thailand’s stock exchange as a free float of 15% was still held by retail investors.
Maybank keen on Thai expansion
Maybank hopes to operate a bank in Thailand, said its president/CEO, Datuk Seri Abdul Wahid Omar.
United Overseas Bank Thai helps SMEs expand in Southeast Asia
With Thai government’s backing the lender will tap its regional network to bolster SMEs’ expansion.
Bangkok Bank launches financial innovation for petrochemical businesses
Bangkok Bank has signed an MOU, agreeing to provide a full range of financial services, called 'Smart Chaqin Solution", to PTTPM business partners.
SCB-KTB extend loan to Index Living Mall
Siam Commercial Bank has been appointed as the mandated lead arranger for a 4.01-billion-baht syndicated loan with Krung Thai Bank to Index living Mall.
SCB to buy and delist SICCO securities
SCB has received approval on its plan to acquire SICCO's business by making a tender offer to purchase all securities of SICCO and the latter's delisting from the Stock Exchange of Thailand.
Bangkok Bank joins JBIC in helping Japanese companies in Thailand
Bangkok Bank and the Japan Bank for International Cooperation will help Japanese companies in Thailand with a new lending program called "Two Step Loan."
Thailand freezes Deutsche Bank’s permit to operate as primary repo dealer
The German lender said its government bond trading and other business activities in Thailand remain unaffected.
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