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CIMBT’s rich clients shift to hi-yield products
August 26, 2016 1:00 am

CIMBT’s rich clients shift to hi-yield products

CIMB Thai Bank has found that fixed deposits of wealthy customers dropped by Bt10 billion during the first half of this year after the account holders migrated to high-yield investment products.

CPN sets Bt60 bn for new malls
August 26, 2016 1:00 am

CPN sets Bt60 bn for new malls

CENTRAL Pattana has earmarked Bt60 billion for the development of shopping complexes between this year and 2018 in five local and foreign locations, including Mahachai in Samut Sakhon and Kuala Lumpur in Malaysia, its first overseas project.

Banks to boost anti-virus protection
August 25, 2016 1:00 am

Banks to boost anti-virus protection

THE THAI BANKERS’ Association yesterday confirmed that the recent malware attack on ATMs of the Government Savings Bank (GSB) had not affected customers’ deposits, and said the banking industry would focus on maximising the level of anti-virus...

KLeasing expects rebound in outstanding loans
August 25, 2016 1:00 am

KLeasing expects rebound in outstanding loans

Kasikorn Leasing hopes its outstanding loans this year will start growing again after its auto-loan portfolio registered flat growth for two years in a row.

ATM hackers steal Bt12m
August 24, 2016 1:00 am

ATM hackers steal Bt12m

THAILAND HAS suffered its first ATM (automatic teller machine) hack, which affected 21 cash machines in Bangkok and other provinces resulting in stolen cash totalling more than Bt12 million, while another 200 ATMs are suspected of having been...

SFI challenges outlined at seminar
August 24, 2016 1:00 am

SFI challenges outlined at seminar

GLOBAL economic uncertainties, rapid changes in technology and new regulations are the key three challenges confronting specialised financial institutions(SFI), Veerathai Santiprabhob, governor of the Bank of Thailand, said yesterday.

NCB expects fewer credit checks on new loan applicants this year
August 23, 2016 1:00 am

NCB expects fewer credit checks on new loan applicants this year

CREDIT CHECKS of new loan applicants by financial institutions are expected to reach only 12.5 million this year, the lowest in five years, as the economic uncertainty forces financial institutions to tighten criteria for new customers.

Krungsri committed to branch network growth
August 22, 2016 1:00 am

Krungsri committed to branch network growth

DESPITE the growing number of customers using digital banking, Bank of Ayudhya

Sri Ayudhya General Insurance goes digital way
August 22, 2016 1:00 am

Sri Ayudhya General Insurance goes digital way

SRI Ayudhya General Insurance (SAGI) has said it will not open more branches, preferring to focus instead on serving more customers via online channels.

True sets Bt20 bn for first digital hub
August 19, 2016 1:00 am

True sets Bt20 bn for first digital hub

TRUE Corp yesterday announced that it would invest Bt20 billion to develop True Digital Park as Thailand’s first digital hub as part of the plan to support the government’s hope of making the country a regional centre of digital innovation, said...