Thailand
Krungthai Card to miss loan growth target for 2024
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.
More data needed for sustainable financing— experts
Banks are struggling to get the right data at the right place.
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.
EXIM Thailand inks MOU to support foreign investments
The bank will give special offers, such as special interest rates, to entrepreneurs.
Bangkok Bank launches scan-to-pay shortcut
Over 68 million transactions were made using this function in May 2024.
Siam Commercial Bank inks MOU for green-linked forward contracts
Costs are tied to the company’s performance in ESG criteria.
Siam Commercial Bank kickstarts 4-year journey to revamp core banking system
It has inked a MOU with Sunline to become a full-fledged digital bank entity.
MUFG Bank, Krungsri ink MOU with Thailand’s East Economic Corridor Office
MUFG Bank and Krungsri will support customers who consider investing in the EEC.
Clean energy gap presents investment opportunities for banks
Krungsri and CIMB Thai explore use of emerging tech to monitor risks better.
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