Thailand

Krung Thai Bank likely to miss loan growth target for 2024: analyst

Government loan demand will rise but yield will be lower.

Manufacturing, household spending weigh on KBank’s Q2 net profits

Net profit for the quarter is 6.18% lower than in Q1.

Thailand postpones card repayment rate hike amidst borrower struggles: report

The central bank will continue to promote consolidation of home and retail debt.

More data needed for sustainable financing— experts

Banks are struggling to get the right data at the right place.

SCBX reports 15.6% net profit decline in Q2

Economic growth fell short of expectations, SCBX’s CEO said.

Krungsri sees FX profits rise 21% in Q1

Digital FX transactions is 64% higher year-to-date.

EXIM Thailand inks MOU to support foreign investments

The bank will give special offers, such as special interest rates, to entrepreneurs.

Bangkok Bank launches scan-to-pay shortcut

Over 68 million transactions were made using this function in May 2024.

Siam Commercial Bank inks MOU for green-linked forward contracts 

Costs are tied to the company’s performance in ESG criteria.

Siam Commercial Bank kickstarts 4-year journey to revamp core banking system

It has inked a MOU with Sunline to become a full-fledged digital bank entity.

MUFG Bank, Krungsri ink MOU with Thailand’s East Economic Corridor Office

MUFG Bank and Krungsri will support customers who consider investing in the EEC.

Clean energy gap presents investment opportunities for banks

Krungsri and CIMB Thai explore use of emerging tech to monitor risks better.

Bangkok Bank announces temporary closure of digital, payment services on 6 July

Debit and credit cards won’t be able to use their cards for transactions during the period.

SCB says Myanmar transactions unrelated to arms trade claims

The Thai bank said that it conducted an internal investigation.

Why relationship managers must embrace the hybrid approach

It’s not just about giving advice but also using the right tools.