Saturday, February 23, 2019 - 1:39:50

banks

Thai banks to apply facial recognition technology

World

Thai banks to apply facial recognition technology

The Bank of Thailand (BoT) is finishing the testing of facial recognition software for the electronic Know Your Customer (e-KYC) technology in the regulatory sandbox, paving the way for banks to offer passbook account opening through mobile banking apps in the second quarter of 2019.

Banks see higher employee efficiency

Business

Banks see higher employee efficiency

Many banks have seen their employee efficiency increase significantly, with each member of staff earning them more than 1 billion VND (43,000 USD) in pre-tax profit on average last year.

Thai firm to acquire Agribank subsidiary

Business

Thai firm to acquire Agribank subsidiary

Thai financial firm Srisawad Corporation is looking to acquire the Finance Leasing Company I (ALC I) of the Vietnam Bank for Agriculture and Rural Development (Agribank) at an estimated cost of 523 billion VND (22.45 million USD).

Bank liquidity abundant after Tet

Business

Bank liquidity abundant after Tet

Liquidity of the banking system has been plentiful again after the Lunar New Year (Tet), helping the central bank net withdraw more than 51.55 trillion VND (2.2 billion USD) in the past week.

Most banks upbeat about 2019 performance

Business

Most banks upbeat about 2019 performance

Most banks will not officially set their annual targets until their shareholder meetings in April, but many bank leaders are optimistic about 2019 with plans to increase profits through cutting operating costs and promoting digital services.

Blood banks face severe shortage after Tet

Health

Blood banks face severe shortage after Tet

Blood reserves at the National Blood Centre under the Central Institute of Hematology and Blood Transfusion will only be enough to cover the next three days, warned deputy director of the institute Pham Tuan Duong.