Thailand

Chart of the Week: Check out the breakdown of Thai banks' bad loans

New NPL formation dropped to 66.4% of total bad loans in 2017.

Chart of the Week: Check out the breakdown of Thai banks' bad loans

New NPL formation dropped to 66.4% of total bad loans in 2017.

Is the worst over for Thai banks?

The sector is poised for profitability as it nears the end of the bad loan cycle.

Krung Thai Bank profits crash 21% to $211.67m in Q1

Loan growth remain subdued dragging net interest income to 6%.

Siam Commercial Bank profits down 5% to $354.87m in Q1

Higher operating expenses due to staff costs and digital efforts hit the bank’s earnings.

Bangkok Bank ties up with equity crowdfunding platform

The bank’s clients can gain access to available venture capital opportunities on OurCrowd.

How can blockchain unblock Thai banks' trade finance slump?

Banks are pooling resources to break growth ceilings with the planned development of a blockchain-powered trade finance platform.

Kasikornbank profits up 6% to $338.82m in Q1

The bank was able to keep a lid on its bad debt with NPL ratio closing in at 3.3%.

Bangkok Bank profits up 9% to $285.08m in Q1

Core operating revenue also grew across major items.

TMB Bank profits up 9% to $72.44m in Q1

Net fee income, which surged 35%, buoyed quarterly earnings.

Thai banks bear the brunt of lower SME lending rates

TMB and KBANK are poised to suffer the most should they opt to accommodate SMEs.

How can Thai banks cushion the cost impact from waived digital fees?

Fee waivers could cost the banking system as much as $288.45m in foregone revenue.

Citibank Thailand to acquire TISCO's credit card and personal loans portfolio

The total portfolio is expected to include over $150m in receivables.

Thai banks to waive digital transaction fees amidst heated e-wallet competition

However, the move is estimated to slash profits by up to 5%.

14 Thai banks collaborate to develop shared blockchain platform

The banks make up the Thailand Blockchain Community Initiative.

Siam Commercial Bank ties up with Julius Baer for wealth management venture

SCB’s high net worth clients can tap on on the Swiss private bank’s expertise and advising services.

Chart of the Week: Check out how Thai consumers are turning to digital banking services

Mobile and internet banking accounted for 33% of total payment transactions for 9M 2017.