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FORGOTTEN HISTORY: Kattiya indaravijaya | History Defined

Sustainability the key to sector's long-term growth

The property sector is entering a new phase of sustainability-driven transformation as developers, financiers, capital market regulators and supply chain partners align around Thailand Taxonomy, a national framework designed to accelerate the transition to a low-carbon economy.

Bangkok Post

Banks tighten buy now, pay later rules

Krungthai Bank (KTB) and Kasikornbank (KBank) are scrutinising their buy now, pay later (BNPL) services and adjusting their business strategies to align with stricter regulatory oversight.

Bangkok Post

Mideast war dents KBank asset quality

Kasikornbank (KBank) expects the ongoing war in the Middle East to weigh on the bank's asset quality in the second half of the year, while pledging to provide proactive support and relief measures for customers affected by the conflict.

Bangkok Post

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KBTG sees Vietnam as IT hub

Kasikorn Business-Technology Group (KBTG), an arm of Kasikornbank, has established KBTG Vietnam as its IT hub to seek additional personnel to serve its parent's regional digital expansion and support the bank's goal of becoming one of the top 20 banks in Vietnam by 2027.

Bangkok Post

KBank benefits from challenger bank initiative

Kasikornbank (KBank) reports surging usage of its digital platforms six months after launching its "challenger bank" programme to enable more people to engage with its services and products, simplifying banking through the use of advanced technology.

Bangkok Post

Locals firms prefer digital over virtual

Local banks are focusing on nudging their customers to digital platforms to grow services there, instead of applying for the central bank's upcoming virtual bank licence.

Bangkok Post

KBank sets target of 5-7% loan growth this year

Kasikornbank (KBank) aims to grow its lending by 5-7% and control the quality of its assets, with a non-performing loan (NPL) ratio target of less than 3.25%, according to its 2023 financial goals.

Bangkok Post

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Banks prudently mull rate adjustment

Banks are taking their time before making any decision on adjusting loan rates as next year there are several risks, particularly concern about a global recession and swelling household debt, despite reports of Thailand's economic recovery.

Bangkok Post

Keeping the scammers at bay

Authorities and regulators are stepping up efforts to prevent financial fraud, especially online scams, with measures ranging from plugging legal loopholes to the use of advanced technology.

Bangkok Post

KBank eyes ESG-friendly strategy

Kasikornbank (KBank) is planning a decarbonisation strategy in line with the global environmental, social and governance (ESG) trend, with the bank stopping lending to the coal sector.

Bangkok Post

Leaders urge varied economic focus

Industry leaders shared views of how the country should move forward, from creating multiple economic growth engines to the promotion of the electric vehicle (EV) industry, to allow Thailand to attain economic sustainability.

Bangkok Post

Lenders queue up for chance to offer digital loan service

The provision of digital personal loans has been expanding in response to the financial behaviours of consumers in the digital era, creating opportunities for low-income earners to access financial sources.

Bangkok Post

KBank eyeing regional AMC market

Kasikornbank (KBank) has studied bad asset management business in the Asian market, in line with the region's higher distressed debt because of the Covid-19 pandemic, said a KBank executive.

Bangkok Post

Banks vow to keep rates steady for the time being

Local major banks plan to hold their interest rates steady if the Bank of Thailand raises the policy rate on Wednesday, as they want to mitigate its impact on borrowers amid a gradual economic recovery.

Bangkok Post

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Bangkok Post

Easy loans for all

Major banks have continued to tap the underbanked, aiming to promote financial inclusion and further expand their customer base.

Bangkok Post

KBank unveils Vietnamese expansion plan

Kasikornbank (KBank) is pressing ahead with plans to become a regional digital bank, with an expansion drive in Vietnam.

Bangkok Post

Siam Square hosts new green building

Kasikornbank (KBank) and six partners on Wednesday jointly launched an "innovative iconic green building" named "KLOUD by KBank" at Siam Square.

Bangkok Post

FTI, KBank gauge effect on Thai investors

The Federation of Thai Industries (FTI) is assessing the impact on Thai investors in Myanmar after authorities in that country ordered companies there to suspend debt payments for foreign loans.

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Bangkok Post

KBank aims to boost access for unbanked

Kasikornbank (KBank) has announced a 100-billion-baht strategic programme aimed at boosting access to banking services among Thailand's unbanked and underbanked population, very small businesses, and the self-employed.

Bangkok Post

Business gurus back ESG as new normal

The global community concept of ESG (Environmental, Social, and Corporate Governance) should be regarded as a “new normal”’ on the road to achieving sustainable development goals, a conference for female CEOs acknowledged on Saturday.

Bangkok Post

Top banks set lower NPL targets for 2022

Four local banks unveiled their financial goals for this year, with all setting lower non-performing loan (NPL) targets in line with the economic recovery, although the rebound is projected to be uneven.

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Arkhom Termpittayapaisith

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