Thailand
BNP Paribas launching wealth management business in Thailand: report
It will use the bank’s platform in Singapore.
BNP Paribas launching wealth management business in Thailand: report
It will use the bank’s platform in Singapore.
Bank of Ayudhya’s profitability recovers to pre-pandemic levels
Bad loans are expected to stay at a ratio of 3% over the next 12 to 18 years.
End-to-end redesign, customer satisfaction key trends for Thailand’s banking leaders
Industry leaders and experts from 29 different organisations gathered for the Asian Banking & Finance Bangkok forum held at JW Marriott Bangkok on 4 April.
KBank sees 2 million new users in K PLUS app
The app recorded $292b (THB10t) in total transactions throughout 2022.
Thais should invest in Japan’s real estate amidst yen depreciation: Bangkok Bank
Yen has depreciated by up to 30% so far, offering great opportunities for clients to invest.
China’s reopening to boost Thai banks’ loan quality
The upsurge in tourism will spur the economy, and improve businesses’ repayment capabilities.
KBank named in Dow Jones Sustainability Indices for 7th straight year
KBank has also earned CDP A List from the Carbon Disclosure Project.
Thailand's KBank targets 5-7% loan growth in 2023
Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
Bank of Thailand issues consultation paper on virtual bank licensing
BOT is inviting comments and suggestions on the proposed framework by 12 February.
Thai banks called to supercharge profitability by enacting future-oriented strategy
They’ve lagged behind their peers, with market cap falling to just 8% of ASEAN.
Thailand banks’ loans up 5.3% in Q3
Corporate loans rose from a year ago and consumer loans also grew.
Thailand’s Beam raises $2.5m in seed funding
Beam offers a one-click checkout solution for seamless payments.
Thailand’s KBank earmarks $5.53b for sustainable funding, loans
The bank says it will grant the funding and loans to 1.9 million small pocket customers.
Thai banks face shrinking margins, ballooning costs amidst economic woes: analyst
Thailand can’t rely on tourism to buoy reserves.
Thai banks’ recovery besieged by inflation, weakening currency: S&P
The tourism hit has affected income levels, which would borrowers’ ability to pay.
Thailand’s SCBX scraps $500m deal for crypto exchange Bitkub: report
SCBX said that Bitkub needs time to fix its issues with the local regulator.
Recovering business activity props up Thai banks’ revenues
Credit costs will remain elevated in the long-term, however.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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