FOUND: 8 - You Need To See This

Monthly borrowing for stimulus

The Finance Ministry is preparing to gradually borrow funds for the "Thais Help Thais Plus" programme, says finance permanent secretary Lavaron Sangsnit.

Bangkok Post · May 26

New subsidy sparks surge in sign-ups

The government hailed the overwhelming first-day response to its new 'Thais Help Thais Plus' co-payment subsidy scheme, with more than 23 million people registering within hours.

Bangkok Post · May 25

GSB launches cheap loan programme for small firms

Government Savings Bank (GSB) kicked off a low-interest loan programme yesterday for small and medium-sized enterprises (SMEs) to support working capital and business expansion, helping entrepreneurs cope with economic volatility.

Bangkok Post · May 25

The Private Banking Model is Broken: BankPro is Building What Comes Next

A wealth manager overseeing a dozen client mandates should not be assembling reports from three different spreadsheets. Yet for a significant portion of institutional and high-net-worth clients worldwide, this is still the daily reality of working with a legacy private bank.

International Business Times · May 21

Bad loan pressure shifts to vulnerable borrowers

New non-performing loans (NPLs) in the banking sector declined in the first quarter this year as banks became more cautious in extending credit, while re-entry NPLs continued to rise, driven by vulnerable borrower segments, according to the Bank of Thailand.

Bangkok Post · May 21

Working capital helps drive loan growth

Total lending in the banking industry in the first quarter grew for the first time in two years, driven by working capital loans aimed at helping customers manage rising costs.

Bangkok Post · May 19

NS&I to contact bereaved families owed £367m after missing savings scandal

The bank’s interim chief executive says ‘this issue should never have happened’, but warns it may take time to process claims

The Guardian - UK · May 19

Monzo profits surge as digital bank thrives with lending and subscriptions services

The bank, which was launched 11 years ago as a challenger to high street banking, said millions more customers joined in the past year

The Independent UK · May 19

Halifax could disappear from UK high streets as Lloyds assesses branding strategy

Bank founded 174 years ago could be phased out from as early as 1 July as part of group’s review

The Guardian - UK · May 18

Halifax axed as banking giant set to disappear from UK high streets

A phased closure of Halifax branches could begin as early as this summer, according to reports

Evening Standard · May 18