Thailand
SCB, SMBC act as lead arrangers, coordinators for €500m green loan
The Thai company plans to use proceeds for refinancing purposes.
SCB, SMBC act as lead arrangers, coordinators for €500m green loan
The Thai company plans to use proceeds for refinancing purposes.
Thailand’s KBank has issued U$546m in sustainable financing
It shared plans to replace its cards with EVs or shift to using biofuel.
UOB Thailand unveils indoor event hub UOB LIVE
It has a capacity of 6,000 seats and will also offer dining and shopping experiences.
Thai banks see improved profits, lower bad loans in Q2
It also laid out plans aiming to reduce household debt.
Thai regulator warns of weakening debt serviceability, bond market
Slower-than-expected income recovery and rising cost of living are hitting households.
Bangkok Bank’s net profits surge by 52.2% in H1
This follows after a 36% increase in the bank’s net interest income during the period.
1 in 5 Thai banks’ restructured loans will go bad: analyst
SMEs will likely struggle to make payments as production costs squeezes profits.
SMBC grants $50m green loan to Thailand's Indorama Ventures
Indorama Ventures will use it for their working capital and to achieve its sustainability targets.
Thailand’s KTC, Ant Group launch Alipay+ services in Thailand
Tourists can now pay using AlipayHK, Touch ‘n Go eWallet, and Kakao Pay.
More than 2,600 Thai entrepreneurs benefit from GHL expansion of Alipay+
Tourists can pay through AlipayHK, Kakao Pay, Touch 'n Go eWallet, and Alipay.
Thailand’s Krungsri sets sights on Vietnam expansion with SHB Finance acquisition
Krungsri will acquire the 50% remaining shares of SHB Finance over the next three years.
Thailand publishes revised consultation paper on virtual bank framework
BOT will propose licensing regulations by July.
FWD and SCB add 2 years to Thailand bancassurance contract
The collaboration with SCB has the largest contribution to FWD Thailand’s business.
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.
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Technology to underpin future of financial services
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Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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