Thailand
Thailand plays catch up with global green finance goals
Banks are calling for legislators to impose carbon tax and a common taxonomy of goals.
Thailand plays catch up with global green finance goals
Banks are calling for legislators to impose carbon tax and a common taxonomy of goals.
SMBC concludes MOU with the Eastern Economic Corridor Office of Thailand
SMBC will introduce clients entering or expanding in Thailand to the EECO.
Tourism woes hurt Thailand banks’ loans
The restructuring will only provide temporary relief, not solve the problem.
Thai bank earnings rise in Q2, but bad loans slated to rise
Rising costs and no more relief from the regulator will cause a rise in the bad loans ratio.
KASIKORNBANK’s stake buy of PT Bank Maspion unlikely to dent strength: Fitch
Thai banks are on an expansion spree overseas amidst weak chances domestically.
Thailand bank loans up 6.9% in Q1
Corporate loans continue to grow whilst consumer loans slowed amidst the Omicron outbreak.
Thailand bars use of cryptos as mode of payment
The government said that digital assets are a threat to the nation’s financial system.
Thai banks bad loans will rise to highest since GFC: S&P
Regulatory forbearance is only delaying the inevitable, the ratings agency warned.
Maybank reports $1.93b net profit for FY2021
Q4 2021 net profit rose to $330m.
Thailand banking system rallies to higher profits in 2021
Net profit is 23.6% higher compared to 2020.
Thailand banks’ loans grew 6.5% in 2021
But gross non-performing loans rose slightly during the year.
Thailand to issue virtual bank guidelines and allow fintech investments by lenders: report
BOT is aiming to issue the new guidelines by June.
Siam Commercial Bank joins the Equator Principles Association
SCB joins 128 financial institutions from around the world who are also signatories.
Why Siam Commercial Bank is transforming itself into a fintech group
With its reorganisation, the group plans to expand to a customer base of 200 million.
KBank to eliminate long-term loan for coal power by 2030
KBank is a signatory of the UN's sustainable financing initiative.
Siam Commercial Bank’s restructuring highlights Thai banks’ need for complexity: analysts
The new entity aims to become a regional fintech conglomerate by 2025.
Relaxed regulation heightens Thailand banks’ systematic risks: S&P
NPL ratio is expected to rise to its highest since the 2009 financial crisis.
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OCBC shines at ABF Wholesale Banking Awards, Retail Banking Awards
![OCBC shines at ABF Wholesale Banking Awards, Retail Banking Awards]()
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Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise.
Amongst other accolades, the bank bagged the China International Trade Finance Bank of the Year award as well as its 13th consecutive ASEAN SME Bank of the Year award, attesting to the strength of its extensive ASEAN-Greater China franchise.
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