Thailand
Kasikorn Bank to spur small tourism business
The lender collaborated with tourism institutions in Thailand to offer a $484,496 soft loan to operators.
Kasikorn Bank to spur small tourism business
The lender collaborated with tourism institutions in Thailand to offer a $484,496 soft loan to operators.
Siam Commercial Bank retains 18% loan growth target in 2011
The lender still optimistic of the goal despite expected slowing down of lending growth in the fourth quarter.
Thailand allows 5 foreign banks to offer baht bonds
BNP Paribas, Banco Santander Chile, Westpac, Svenska Handelsbanken, and Woori Bank can already sell a combined $1.1bn baht-denominated bonds.
CIMB Group acquires 70% of SICCO Securities Public Company in Thailand
The total cash consideration was THB767,907,519.20 or approximately RM78,426,395.
Bank of Nova Scotia seeks Asian acquisitions
The lender shifts its eyes on Asia as economic growth in Latin America falls short from expected.
Siam Commercial doubles investment banking team to 40 people
M&A deals in Thailand involving medium-sized corporations are seen as growth opportunities waiting to be seized.
Bangkok Bank customers can now view cheques online
Bangkok Bank customers can now view images of cheques they have written through a new high-technology service enabling online banking.
Thai banks have limited overseas exposure
Local lenders enjoyed 35% revenue rise in the first half of this year amidst global economic woes.
Thailand names Krung Thai Bank as $1.7bn savings bonds sole distributor
Minimum investment for the bonds is $33.39 while the maximum is $33,392.
Bank of Ayudhya keen on digital banking
The lender’s aims to double the share of internet transactions to 10% by 2013.
Bank of China issues UnionPay dual-currency debit card in Thailand
Bank of China Bangkok became the first Chinese bank issuing the UnionPay dual-currency debit card in Thailand.
KLeasing loan growth jumps 41 % as net profit increase by 5.8%
Kasikorn Leasing Company's earnings for the first half of 2011 totaled 237 million Baht, an increase of 5.8 percent over-year, said Mr. Isara Wongrung, Managing Director of Kasikorn Leasing Co., Ltd.
SCB boosts personal loan business by 30%
Siam Commercial Bank's personal loan business grew by 30% for the first half of the yearwith an outstanding loan amount of 18 billion baht.
Krung Thai Bank provides 2 short-term deposit products
To enable customers to gain the highest benefit from investment and to give an option for them to invest to their heart’s content, Krung Thai Bank launched 2 short-term deposit products.
Bangkok Bank boosts Thai-China trade with new CNY services
Bangkok Bank launched a range of China Yuan transaction services to help serve the expansion of trade and investment between Thailand and China.
Bangkok Bank and Asian Property sell B1.5 B in debentures
Bangkok Bank and Asian Property Development celebrated the success of the sale of the company’s 3.6-year debentures of Baht 1.5 billion.
Krung Thai Bank 2nd quarter stood profit increased to 55%
Krung Thai Bank reported a net income of 10,730 million baht, its highest semiannually net income in 16 years. Its quarterly net income soared 55% year-to-year to 1,868 million baht.