Thailand

They expect around 100,000 loan applications to be approved by 2021.

Supaneewan Chutrakul is the First Senior Vice President for the Retail Business Division at KASIKORNBANK. She is in charge of supervising KBank’s Retail Innovative Business Solution Department to actively develop a new digital financial platform to serve customers' lifestyle together with the key strategic partners such as Facebook, JD Central, Grab, LINE Finance, Chulalongkorn University, PTT, amongst others.

It will cut the amount of reserved provisions, but lower future interest income.

About 60% of the population are more attuned to digital services.

Capital funds and provisions were raised to guard against the slump.

It will make use of a cloud-exporting model developed by Lufax Holding.

The lender has set aside $305.4m of provisions given ongoing uncertainties.

It will allow customers to access financial services across 1,300 Boonterm kiosks.

But banks may be able to pay dividends due to their solid capital.

Chief executive Hironori Kamezawa hinted on shifts in their overseas strategy.

It has already cut the interest rate thrice to 0.5%.

It offers home loan options for Thai couples buying their first home with Sansiri.

Technology is the top investment priority by most of the respondents.

He is currently UOB Indonesia’s country CEO.

An operator must have a minimum registered paid-up capital of $3m (THB100m).

This will help them maintain necessary resources to support lending activity.