Thailand

How can blockchain unblock Thai banks' trade finance slump?

How can blockchain unblock Thai banks' trade finance slump?

Banks are pooling resources to break growth ceilings with the planned development of a blockchain-powered trade finance platform.

Kasikornbank profits up 6% to $338.82m in Q1

The bank was able to keep a lid on its bad debt with NPL ratio closing in at 3.3%.

Bangkok Bank profits up 9% to $285.08m in Q1

Core operating revenue also grew across major items.

TMB Bank profits up 9% to $72.44m in Q1

Net fee income, which surged 35%, buoyed quarterly earnings.

Thai banks bear the brunt of lower SME lending rates

TMB and KBANK are poised to suffer the most should they opt to accommodate SMEs.

How can Thai banks cushion the cost impact from waived digital fees?

Fee waivers could cost the banking system as much as $288.45m in foregone revenue.

Citibank Thailand to acquire TISCO's credit card and personal loans portfolio

The total portfolio is expected to include over $150m in receivables.

Thai banks to waive digital transaction fees amidst heated e-wallet competition

However, the move is estimated to slash profits by up to 5%.

14 Thai banks collaborate to develop shared blockchain platform

The banks make up the Thailand Blockchain Community Initiative.

Siam Commercial Bank ties up with Julius Baer for wealth management venture

SCB’s high net worth clients can tap on on the Swiss private bank’s expertise and advising services.

Chart of the Week: Check out how Thai consumers are turning to digital banking services

Mobile and internet banking accounted for 33% of total payment transactions for 9M 2017.

Thailand's digital banking shift to boost banks' revenue

The transition will rationalise banks' branch networks and improve cost efficiencies, said Moody’s.

KBank taps Avaloq to grow its private banking arm

The project will be Avaloq’s first foray into Thailand.

Kasikornbank revenue up 8% to $787.26m in 2017

Thanks to robust demand for corporate loans.

Bangkok Bank's earnings growth to accelerate in 2018

It will be fueled by improving loan demand, fee income, and credit cost.

Thai banks to improve loan growth to 5.9% in 2018

This is premised on the country's continued economic recovery.