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.

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.

Thai banks' NPL risk to gradually improve by end-2017

Overall credit costs will still be high but will eventually ease.