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 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.

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.