Thailand

Bangkok Bank’s net profit down 16.2% in H1 on lower interest income

Net interest income declined by 12.4% during the six-month period.

Krungsri posts 6.8% profit rise to $501m as AI supply chain fuels corporate lending

Loans inched up just 0.4% overall whilst deposits fell by 2.8% in the H1 period.

Krungsri maps out FX strategy with digital and currency expansion push

The Thai bank said it will deliver more tailored risk management solutions.

Krungsri rolls out loan for SMEs' larger investments

They can get up to $4.47m with a special interest rate of 3.5% for the first two years.

Thai finance sector profits rise 9% in Q2 ahead of H2 loan expansion

The firms benefited from the cash handout scheme and mild ME conflict impact.

Krungsri partners Thailand Post to co-develop financial and insurance products

The Thai bank will use the postal carrier service to develop new offerings.

Thailand SEC seeks tougher AML controls with travel rule for digital assets

The draft requires firms to share customer information with digital asset transfers.

Margin squeeze to hit Thai bank earnings

Loan growth holds up, but CGSI expects weaker profitability across eight lenders in Q2.

Thai banks target $31b wealth market as lending slows

CGSI expects wealth services to become more important over the next three years.

TMBThanachart’s NIM to rise to 2.92% in Q2 as loans shrink

The bank is focusing on higher-yielding loan segments.

Thai cash handout to lift finance company debt collection and asset quality

The campaign will boost mid and low-income earners and alleviate their cost of living.

Bangkok Bank launches café-branch hybrid

It has an exclusive menu and will offer personal financial planning.

Thailand payments forecast shows 36% CAGR through 2032

Cloud-based services are projected to post a 38.58% CAGR from 2024 to 2032.