Thailand
Bank of Ayudhya expects robust second quarter performance
Confident of better second quarter after strong $92 mn first quarter profit as it sticks to loan target.
Bank of Ayudhya expects robust second quarter performance
Confident of better second quarter after strong $92 mn first quarter profit as it sticks to loan target.
Krung Thai cuts interests for punctual credit card payments
Krung Thai Bank introduced a special campaign to debtors under the government’s debt refinancing scheme for credit cards making a payment punctually.
Bangkok Bank to offer hospital card
Bangkok Bank and Ramathibodi Hospital will join forces to offer the “Rama Smart Card” to Ramathibodi Hospital staff and patients.
Bangkok Bank, Kasikornbank extend power plant loans
Bangkok Bank and Kasikornbank Senior signed a contract for the banks to provide financial support of Baht 7.9 billion for Amata B.Grimm Power to build power plants.
Bank of Ayudhya denies reports it is in talks with RHB
RHB eager to buy Thai banks to take advantage on the robust growth in the country's banking sector.
RHB Bank inaugurates its Bangkok branch
The lender attempts to capture Thailand, which it calls ‘the place’ in Asia for seizing growth opportunities in the region.
Kim Eng Thailand targets bigger profits this year
The company is optimistic that Asia’s economic growth, while Asian currencies appreciate as against weakening US dollar will drive company’s earnings up.
Siam Commercial Bank increases loan target to 15%
Yet despite strong loan growth, the bank's net interest margin for the first quarter was 3.14%, below the expected 3.2%.
Phongsavanh becomes first Lao bank to offer VISA, MasterCard services
Phongsavanh became the first private bank in the Lao PDR to provide services for VISA and MasterCard.
BCEL, China bank sign deal to ease currency exchange
BCEL signed an agreement with Pudian Bank of China to facilitate the opening of accounts and simplify currency exchange between the two banks.
Kasikornbank to allot 250% more loans to China SMEs
The lender is cautiously positive in expanding in China as its central bank tightened banking reserve requirement to avert possible overheating of economy.
Krungthai Bank launches new internet service
Krungthai Bank rolled out an innovative Internet-based banking service under the name KTB netbank.
Bangkok Bank's 15-month fixed deposit offered with 3% interest
Bangkok Bank has introduced a special 15-month fixed deposit account offering an interest rate of 3.00 percent per annum, paying interest at the end of the deposit period.
KTB starts operation of its Netbank internet services
The bank offers higher interest, 0.5 percentage points more than for normal savings accounts, for minimum deposit of $331 to draw pioneer customers.
Bank of China taps Cambodian market
Bank of China started operating its Phnom Penh Branch, making it the first lender from China in Cambodia. It also became the Kingdom's 30th commercial bank.
Bangkok Bank reports first quarter net profit of Baht 6.6 B
Bangkok Bank has recorded a consolidated net profit for the first quarter of 2011 of Baht 6.6 billion.
Krung Thai Bank net profit up 79%
Krung Thai Bank's profits in the first quarter of 2011 is up 79% to 5,489 million baht.
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