Thailand
Julius Baer and Siam Commercial Bank joint venture gets nod to set up wealth unit
It will start with over 50 dedicated professionals.
Julius Baer and Siam Commercial Bank joint venture gets nod to set up wealth unit
It will start with over 50 dedicated professionals.
Arapat Sangkharat takes the stage on Krungthai's digital banking journey
He will make the case for whether bank branches still have merit in the digital age.
Siam Commercial bank in talks to sell life insurance business to FWD Group
The firms were previously in talks for a possible $3b sales of SCB Life Insurance.
Thailand Post unveils self-service kiosks in rural areas
It will also launch its withdrawal services by Q2.
UOB launches programme to help Thai SMEs digitise
SMEs can access digital tools and financing opportunities through the scheme.
Krungsri Bank unveils facial recognition technology for deposit account opening
It plans to expand the tech to customers opening passbooks via mobile app by Q2 2019.
Thai government to buy $318m of shares in TMB-Thanachart merger
It chose to invest because it believed that the merger would yield a more efficient bank.
Europe-based LGT unveils wealth management business in Thailand
LGT Securities will complement the company's private bank efforts in Hong Kong and Singapore.
Chart of the Week: Thai banks raise capital shields against bad loans
Total capital adequacy ratios hit 18% in November 2018.
Thailand braces for fresh wave of bad loans as property market cools
Retail mortgage NPLs account for 16.6% of systemic bad loans and 25.9% of total loans.
Thailand's GSB expands deposit network
GSB aims to have a total of 226,000 top-up points.
Krung Thai Bank's bad loan ratio could fall to 4% in 2019
The bank is in the process of resolving one big corporate NPL.
Cambodia and Thailand ink deal on QR code scheme
It aims to boost local currency usage of both the riel and baht.
Chart of the Week: Thai banks ramp up lending to risky SMEs
SME loans accelerated to 7.2% in September 2018 from 2.4% in 2017.
Bangkok Bank profit up 7% to $1.11b in 2018
Non-interest income rose 9.1%.
Siam Commercial Bank Q4 profit hit by sharp provision spike
Provisions surged 73% as asset quality deteriorated.
Thai banks weather digital fee waiver as 2018 earnings rise 8.2% to $6.69b
TMB Bank outperformed its peers as yearly profit surged 34%.
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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. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Events
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