Thailand

Thai lenders bank on revamped apps to sustain growth

Krung Thai Bank and Kasikornbank have updated their apps.

Thai lenders bank on revamped apps to sustain growth

Krung Thai Bank and Kasikornbank have updated their apps.

Krungsri's Nathapol Luepromchai on making sustainable returns from mortgage loans

It starts with developing a tool that enables staff to update the status of loan approval anytime, anywhere.

TMB Bank profit skyrockets 179% to $170.27m in Q3

A huge one-off gain powered earnings through the roof.

Thai banks brace for blow from tighter mortgage curbs

The central bank imposed an 80% loan-to-value limit on mortgages.

Thailand pushes for regional cross-border fund transfer via QR code

It tying up with Cambodia, Laos, Myanmar and Vietnam.

Chart of the Week: Thai banks put up fight against telcos in e-wallet war

Lenders will  snap up half of the market in the next four years.

Citibank Thailand completes acquisition of TISCO's consumer portfolio

The bank has added over 130,000 new accounts and $150m in receivables.

Chart of the Week: Have Thai banks' credit costs peaked?

Credit costs have been on a steep uptrend in the past four years.

CIMB Thai moves to beef up thin capital buffers

It is planning to increase its capital by $120m through a rights issue.

Mega infra projects to boost Thai banks loan growth to 5% in 2018

Around $14b worth of construction projects will break ground this year.

Kasikornbank ties up with DBS to extend funds transfer service to Singapore

The bank's inward fund transfer system can accommodate $45,085 at a time per day.

Thailand's Big 4 onboard SWIFT gpi for faster cross-border payments

They join around 10,000 other banks on the platform.

Krung Thai Bank and Kasikornbank hit by data leak

However, no financial damage has been found.

Can Thai banks keep their bad loan woes at bay?

Lending to SME operators will keep NPL formation levels elevated.