Thailand
Krungthai Bank temporarily closes 4 branches due to floods
One branch is separately closed due to suspended electrical supply.
Krungthai Bank temporarily closes 4 branches due to floods
One branch is separately closed due to suspended electrical supply.
Thailand’s card payments value to reach $94.5b in 2028
The growth rate will ramp up from the 6.2% rise in 2023.
Siam Commercial Bank announces disruptions to SCB EASY app
It will be unavailable from 1AM to 5:30 AM on September 21-22.
Siam Commercial Bank unveils tap-to-pay service
It is available via the Mae Manee app.
Thaioil takes up sustainable deposits, linked swaps with SCB
Funds from deposits will support projects that reduce environmental impact.
Thailand’s loan growth slows to 0.3% in Q2 as SME loans contract
The central bank said there is a need to continue to monitor SMEs’ debt serviceability.
Bangkok Bank approves 2 baht dividend for H1
The dividend will be paid on 20 September.
Krungthai Card to miss loan growth target for 2024
It should be able to maintain its NPL ratio below 2% for the whole year.
Siam Commercial Bank rolls out online international trade service
Transactions can be made without the need to submit original documents.
Bangkok Bank unveils green transition loan for businesses
The credit can be as high as $283m (THB10b)
Thailand’s Krungsri launches SME transition loan for clean energy
It will help businesses embrace clean energy solutions and reduce pollution.
Six Thai banks to sustain improved earnings through 2026: Fitch
They are well-positioned to face risks after years of excessive provisioning.
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.
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.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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1. GXS Bank launches term deposit product Boost Pocket 2. China’s big four banks face $100b shortfall in loss-absorbing capital 3. Labour force upskilling needed as SG nears 'super-aged' status 4. Cambodian banks breach covenants as bad loans surge 5. Tottenham Hotspur taps Ant International as global payment solutions, digital wallet partnerEvents
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