Thai consumers are showing greater comfort with electronic payments, as one in three is willing to do away with cash altogether, according to Visa.
Thailand's third-largest bank by assets, Siam Commercial Bank, denied a report that it is in talks with a foreign insurer to sell a 25-per-cent stake in SCB Life Assurance.
TMB Bank has added a cheque pick-up service to tap the medium-sized enterprise market as part of its efforts to encourage them to use TMB their main bank and leave more deposits with it.
Since Bangkok Bank opened its third Indonesian branch in Medan last November, loan demand has been surging and the country has become the third-largest contributor to the bank's international business.
Siam Commercial Bank is joining with the Federation of Thai Industries to help small and medium-sized enterprises become more competitive in funding and knowledge sharing.
If the account of the 20th century was written in dollars, the account of the 21st will be bilingual: dollars and renminbi.
CIMB Thai Bank has set a three-year plan (2014-2016) for its first foreign branch. The bank last Friday officially opened a branch in Vientiane, which it says will offer the same products as those of state-owned banks in Laos.
THE stock market will be the place to invest during the final quarter of the year, experts say, because of the recent economic recovery, the expected improvements in listed companies' financial performance, and the current low policy interest...
SCB Life Assurance has emphasised its brand strength as a growth leader while promoting three key business strategies to meet the needs of its more than 1 million policyholders.
The private sector has suggested that the National Council for Peace and Order (NCPO) unveil all its infrastructure development plans as well as the national strategy on investment and source of funding in order to encourage foreign direct investment...