Thailand
Siam Commercial Bank to save $252m from staff layoffs and branch closures
This move is part of the bank's digital 2020 SCB Vision efforts.
Siam Commercial Bank to save $252m from staff layoffs and branch closures
This move is part of the bank's digital 2020 SCB Vision efforts.
Chart of the Week: Find out how big Thai banks' bancassurance partnerships boost fee income
It's a win for overall profitability that has been under high credit costs.
Big thai banks to suffer weak FY17F results
No thanks to higher provision expenses and lower non-interest income.
Siam Commercial Bank's 2017 net profit falls 9.4% to $1.35b
No thanks to the new accounting standard requirements effective 2019.
Why are Thai banks pushing for bond issuance in early 2018?
Bonds can help them even if these are only 5% of banks’ total liability.
Thai banks struggle to boost loan growth despite GDP hike
No thanks to loans growing by 0.5x nominal GDP in 2017.
36 Thai banks to huddle about stopping financial crime
AMLO will gather the banks after a big ID theft made headlines.
Siam Commercial Bank to insure wealth segment customers
This is through a partnership with Prudential Thailand.
Thai banks' earnings slip 8% YoY in 4Q17
They will continue to struggle in early 2018 as it dips by 1% QoQ.
Thai banks' net interest income to grow 3.8% in 2018
Growth will be moderate despite the increase in loans.
Chart of the Week: Here's the breakdown of Thai banks' NPL formation over 10 years
NPLs should stay flat in 2018.
Kasikornbank's weakening non-interest income to be the key focal point in 2018
It will define how much the bank's earnings will recover.
Thai banks' loan growth could reach 6.7% in 2018
But banks are still reluctant to lend due to credit risk concerns.
3 reasons why Thailand's high household debt is not a threat for banks
New regulations aimed at reining in credit card debt is one.
Kasikornbank's full-year credit costs may exceed its 2.25% target
Credit costs only dipped 2% in 3Q17.
Thai banks' 3Q17 earnings 'disappointedly weak'
Profits missed consensus by 8%.
Thai banks' NPL risk to gradually improve by end-2017
Overall credit costs will still be high but will eventually ease.