Thailand
Bangkok Bank, The Mall Group launch campaign to expand co-branded card customer base
Bangkok Bank, The Mall Group launch campaign to expand co-branded card customer base
They also plan to develop new products aimed for foreign tourists, especially those from China.
7 hours ago
Thailand’s credit and charge card payments to rise 7.1% to $65.6b in 2025
Benefits such as rewards points, discounts, and cashbacks helped push for its growth.
4 days ago
Kiatnakin Phatra Bank can reduce losses on sale of repossessed vehicles
Net profit fell by 30% to THB1.06b in Q1 2025.
4 days ago
TMBThanachart Bank may see loans contract by 1.7% in 2025
Its Q1 net profit dropped 5% compared to the same quarter in 2024.
5 days ago
Krung Thai Bank reports flat net profit growth in Q1
Net interest income and non-interest income were higher than a year ago.
5 days ago
Bank of Ayudhya’s net profit up 20% to $226.9m in Q1
Corporate loans grew by 4.7% during the quarter although SME and retail loans contracted.
6 days ago
Bangkok Bank’s net profit up 19.9% to $380.29m in Q1
Total loans and deposits logged single digit increases during the quarter.
6 days ago
SCB X reports 10.8% higher net profit of $375.66m for Q1
Net interest income fell but fees and other income rose.
6 days ago
Thailand’s finance sector expected to log 5% net profit rise in Q1
However, most finance companies will likely miss loan targets
Krungthai Bank links Thaoil’s FX hedging transactions to ESG
Thaioil can get discounts if it successfully meets its ESG goals.
Thai banks not “materially” affected by Myanmar earthquake
It only brought limited property damage and business disruption to Thailand, Moody’s said.
Krungthai Bank strengthens business position with higher profitability
KTB has notably closed its profitability gap with peers, according to S&P.
SCB, GLN launch cardless ATM withdrawals for Korean tourists in Thailand
Tourists just need to scan a QR code via their app.
SCB X eye more profits from Gen 2 firms as Thai corporates cut bank loans
Its banking services loan portfolio contracted in 2024, whilst those from Gen 2 expanded.
Bangkok Bank, Shell unveil prepaid card for Thai SMEs
They can use the preloaded card to pay for fuel at over 720 Shell service stations
Krungsri Bank launches online bill payment solution for Thai SMEs
SME merchants can accept payments via QR code.
Thai finance operators tone down loan growth targets amidst asset quality concerns
They foresee a weaker-than-expected economic outlook in 2025
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