Thailand
Bangkok Bank’s net profits surge by 52.2% in H1
This follows after a 36% increase in the bank’s net interest income during the period.
Bangkok Bank’s net profits surge by 52.2% in H1
This follows after a 36% increase in the bank’s net interest income during the period.
1 in 5 Thai banks’ restructured loans will go bad: analyst
SMEs will likely struggle to make payments as production costs squeezes profits.
SMBC grants $50m green loan to Thailand's Indorama Ventures
Indorama Ventures will use it for their working capital and to achieve its sustainability targets.
Thailand’s KTC, Ant Group launch Alipay+ services in Thailand
Tourists can now pay using AlipayHK, Touch ‘n Go eWallet, and Kakao Pay.
More than 2,600 Thai entrepreneurs benefit from GHL expansion of Alipay+
Tourists can pay through AlipayHK, Kakao Pay, Touch 'n Go eWallet, and Alipay.
Thailand’s Krungsri sets sights on Vietnam expansion with SHB Finance acquisition
Krungsri will acquire the 50% remaining shares of SHB Finance over the next three years.
Thailand publishes revised consultation paper on virtual bank framework
BOT will propose licensing regulations by July.
FWD and SCB add 2 years to Thailand bancassurance contract
The collaboration with SCB has the largest contribution to FWD Thailand’s business.
BNP Paribas launching wealth management business in Thailand: report
It will use the bank’s platform in Singapore.
Bank of Ayudhya’s profitability recovers to pre-pandemic levels
Bad loans are expected to stay at a ratio of 3% over the next 12 to 18 years.
End-to-end redesign, customer satisfaction key trends for Thailand’s banking leaders
Industry leaders and experts from 29 different organisations gathered for the Asian Banking & Finance Bangkok forum held at JW Marriott Bangkok on 4 April.
KBank sees 2 million new users in K PLUS app
The app recorded $292b (THB10t) in total transactions throughout 2022.
Thais should invest in Japan’s real estate amidst yen depreciation: Bangkok Bank
Yen has depreciated by up to 30% so far, offering great opportunities for clients to invest.
China’s reopening to boost Thai banks’ loan quality
The upsurge in tourism will spur the economy, and improve businesses’ repayment capabilities.
KBank named in Dow Jones Sustainability Indices for 7th straight year
KBank has also earned CDP A List from the Carbon Disclosure Project.
Thailand's KBank targets 5-7% loan growth in 2023
Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
Bank of Thailand issues consultation paper on virtual bank licensing
BOT is inviting comments and suggestions on the proposed framework by 12 February.
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