Thai banks expand operations in different sectors
Thailand’s banks have continued to gear up for regional business expansion, aiming to create higher income from the growth potential of the ASEAN economy in the post-pandemic period.
Thailand’s bank unveils expansion plan in Vietnam
Thailand’s Kasikornbank (KBank) is pressing ahead with plans to become a regional digital bank, with an expansion drive in Vietnam.
Thailand's Kasikornbank increases presence in Southeast Asia
Kasikornbank, Thailand’s second-largest lender by assets, on May 30 bought a 220 million USD majority stake in Indonesia's Bank Maspion.
Thailand's banks get approval to expand operation in Myanmar
Thailand’s two major commercial banks - Kasikornbank and Siam Commercial Bank (SCB) - have received permission to expand operation in Myanmar.
Four major Thai banks cut loan interest rates to spur economy
Four major banks of Thailand have decided to cut their minimum retail rate (MRR) by 0.25 percentage point to help lower financial costs of small and medium enterprises (SMEs), increase their competitiveness and support the Thai economy.
Thailand: personal details of over 120,000 bank customers stolen
The Bank of Thailand (BOT) has confirmed that hackers have stolen information of more than 120,000 customers in a massive data breach into two major commercial banks.
Thai baht predicted to rise further in next months
Kasikornbank (KBank), the fourth largest lender by assets of Thailand, predicted the baht will continue to appreciate against the US dollar in the next few months, following brisk gains in January.