Thailand

UOB launches programme to help Thai SMEs digitise

SMEs can access digital tools and financing opportunities through the scheme.

UOB launches programme to help Thai SMEs digitise

SMEs can access digital tools and financing opportunities through the scheme.

Krungsri Bank unveils facial recognition technology for deposit account opening

It plans to expand the tech to customers opening passbooks via mobile app by Q2 2019.

Thai government to buy $318m of shares in TMB-Thanachart merger

It chose to invest because it believed that the merger would yield a more efficient bank.

Europe-based LGT unveils wealth management business in Thailand

LGT Securities will complement the company's private bank efforts in Hong Kong and Singapore.

Chart of the Week: Thai banks raise capital shields against bad loans

Total capital adequacy ratios hit 18% in November 2018.

Thailand braces for fresh wave of bad loans as property market cools

Retail mortgage NPLs account for 16.6% of systemic bad loans and 25.9% of total loans.

Thailand's GSB expands deposit network

GSB aims to have a total of 226,000 top-up points.

Krung Thai Bank's bad loan ratio could fall to 4% in 2019

The bank is in the process of resolving one big corporate NPL.

Cambodia and Thailand ink deal on QR code scheme

It aims to boost local currency usage of both the riel and baht.

Chart of the Week: Thai banks ramp up lending to risky SMEs

SME loans accelerated to 7.2% in September 2018 from 2.4% in 2017.

Siam Commercial Bank Q4 profit hit by sharp provision spike

Provisions surged 73% as asset quality deteriorated.

Thai banks weather digital fee waiver as 2018 earnings rise 8.2% to $6.69b

TMB Bank outperformed its peers as yearly profit surged 34%.

TMB-Thanachart Bank merger to secure approval by end-January: official

The government approved tax incentives last year to ease consolidation.

Kasikornbank ties up with Japan mobile chap operator Line

The bank will tap on the latter's 44 million users to grow personal loans.

Thailand mulls harsher stance against cash transactions

Banks are considering additional fees as it aims to speed up e-payment adoption.

Thai banks' Q3 loan growth up 6.4% as consumers snap up credit

Consumer loans outpaced industry average at 8.4%.