Thailand
Thailand's digital banking shift to boost banks' revenue
The transition will rationalise banks' branch networks and improve cost efficiencies, said Moody’s.
Thailand's digital banking shift to boost banks' revenue
The transition will rationalise banks' branch networks and improve cost efficiencies, said Moody’s.
KBank taps Avaloq to grow its private banking arm
The project will be Avaloq’s first foray into Thailand.
Kasikornbank revenue up 8% to $787.26m in 2017
Thanks to robust demand for corporate loans.
Bangkok Bank's earnings growth to accelerate in 2018
It will be fueled by improving loan demand, fee income, and credit cost.
Thai banks to improve loan growth to 5.9% in 2018
This is premised on the country's continued economic recovery.
Thai banks' earnings sink 19% YoY to $1.26b
They expect to recover earnings and ROE in 2018.
Siam Commercial Bank revamps digital banking efforts
It aims to expand its mobile banking user base to 10m by 2020.
CIMB raises fixed deposit and lending rates
This is in response to Malaysia's central bank's 0.25% rate hike.
Kiatnakin Bank to focus on high-yield loans to boost income
Solid earnings will continue in 2018.
Siam Commercial Bank's FEVP Vish Jain talks about the power of digital in wholesale banking
He also reveals how digitisation is vital to improving customer experience.
Kasikornbank may need higher provisions on credit losses
Its IFRS 9 compliance detected a high-risk loan portfolio from high exposure to SMEs.
Bangkok Bank 4Q17 net profit edges up 3% YoY to $269m
Overall operating earnings expanded by 9%.
Siam Commercial Bank to save $252m from staff layoffs and branch closures
This move is part of the bank's digital 2020 SCB Vision efforts.
Chart of the Week: Find out how big Thai banks' bancassurance partnerships boost fee income
It's a win for overall profitability that has been under high credit costs.
Big thai banks to suffer weak FY17F results
No thanks to higher provision expenses and lower non-interest income.
Siam Commercial Bank's 2017 net profit falls 9.4% to $1.35b
No thanks to the new accounting standard requirements effective 2019.
Why are Thai banks pushing for bond issuance in early 2018?
Bonds can help them even if these are only 5% of banks’ total liability.