Thailand
Siam Commercial Bank could reduce credit costs in 2H16 on back of improving NPLs
The bank's NPLs fell by 22bps in 1Q16.
Siam Commercial Bank could reduce credit costs in 2H16 on back of improving NPLs
The bank's NPLs fell by 22bps in 1Q16.
Banks’ profits to take a hit as Thailand goes cashless
Kasikorn Bank will bear the brunt of the impact.
Siam Commercial Bank targets first branch in China, eyes licence in Myanmar
It has also opened its first branch in Vietnam.
Credit Suisse targets wealthy Thais with launch of new wealth management business
It's eyeing HNWIs and entrepreneurs.
Myanmar’s largest bank clinches licence to open office in Thailand
It’s the first Myanmar bank to have an international office.
Kasikornbank's increased credit cost ceiling may not be fully utilized
It was raised from 170bps to 190bps.
Is the worst finally over for Siam Commercial Bank's asset quality?
NPL declined by USD111m in 1Q16.
Bangkok Bank's NPLs may have risen to 3.15% in 1Q16
The increase seems broad based, analysts say.
Krungsri's net profit likely to have increased 2.5% in 1Q16
It's a rare feat for Thai banks.
KBANK's 1Q16 profit likely to have dropped 28%
NPLs could rise 3.3 this month. Maybank Kim Eng analysts attended the 1Q16 results preview meeting held for analysts last Friday. Based on what they learnt from the meeting, they project 1Q16 net profit about THB8.9b, which is down 28% YoY but up 63% QoQ (4Q15 reported results were depressed by heavy expensing). "Regardless, 1Q16 profit is likely to be viewed as weak compared to the historical standard. One should not be surprised to see a rise in NPLs (+23bps to 3.30%) and high credit cost (2.20%), as previously guided in 4Q15. The company will report its full results on 20th April."
Will Bangkok Bank's net profit be hurt by Thai TV's bank guarantee payout?
The guarantee is worth THB1.78 billion.
Thai banks’ asset quality feared to remain under pressure in 2016
The deterioration in asset quality can be seen as Thai commercial banks’ non-performing loans surge.
Krungsri Consumer launches JCB credit card issuing in Thailand
Learn more about the Krungsri JCB Platinum Card.
Thai banks' gross NPL down 6.2% to THB335b at the end of 4Q15
NPL ratio of every bank fell from 3Q15, except for KBANK and TMB.
CEO Noriaki Goto on the ‘new Krungsri’ following the bank’s integration with MUFG
Partnering Krungsri’s local expertise with Mitsubishi UFJ Financial Group’s global network pays off.
Krung Thai Bank revs up core business for a strong rebound in 2016
What’s the fallout from SSI’s default?
KBANK president Predee Daochai speaks of digitisation and overseas partnerships
He is leading partnerships between KasikornBank and ASEAN countries plus China, Japan, and Korea.