Thailand
Bangkok Bank announces temporary closure of digital, payment services on 6 July
Debit and credit cards won’t be able to use their cards for transactions during the period.
SCB says Myanmar transactions unrelated to arms trade claims
The Thai bank said that it conducted an internal investigation.
Why relationship managers must embrace the hybrid approach
It’s not just about giving advice but also using the right tools.
Thai fintech unicorn Ascend Money bags $195m investment
MUFG Bank is the lead investor.
Thai banks grapple with slowing exports and weak consumer sentiment
Fitch has revised its loan growth estimates to 3% from 5% previously.
Ant International unveils microlending service bettr
It has partnered with Thailand’s AWC to start.
UOB Thailand ushers in new CEO
Richard Maloney will begin his role on 1 July.
Siam Commercial Bank shares crisis lessons from pandemic
The bank’s early investment in tech helped it grow its digital customer base to 17 million.
Thailand’s central bank appoints new assistant governors
The four individuals promoted were previously senior directors for different teams.
Citi names ex-BNP Paribas banker as new head of markets for Thailand
Nattaphan Assavavisessivakul was head of global markets and ALM Treasury at BNP Paribas.
Krungthai Bank to temporarily shutter Thepprasit Road (Pattaya) branch
This is due to suspension of electrical supply.
China, Thailand ink MOU to enhance local currency use
They will also promote cross-border payment and settlement.
KBank Private Banking, EQT Partners unveil new private equity fund
The minimum investment is THB500,000 with an 18 month lock-up period.
Thai central bank’s digital payments on ‘top of the world’
The Bank of Thailand is eyeing to expand connectivity with more countries.
Alipay+ and Thai tourism body launch D-Hub program for Chinese tourists
Over 2.35 million Chinese tourists visited Thailand in January to April 2024.
Thailand’s central bank appoints three new senior roles
Two deputy governors are rotating while one assistant governor is moving up.
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