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Bringing Buffettology to Bangkok
May 30, 2016 1:00 am

Bringing Buffettology to Bangkok

MARY BUFFETT, former daughter-in-law of the world’s best value investor Warren Buffett, last week helped launch Jitta.com for retail stock investors in Bangkok, bringing the Buffett know-how to the fingertips of those aspiring to be as good as the...

Banks target Vietnam’s corporates
May 30, 2016 1:00 am

Banks target Vietnam’s corporates

LOCAL BANKS in Vietnam are shifting their focus to the corporate sector, making competition in this segment more intense, said Tharabodee Serng-Adichaiwit, |senior vice president and general manager of Bangkok Bank in Vietnam.

TMBAM aims to manage assets worth Bt300 billion
May 30, 2016 1:00 am

TMBAM aims to manage assets worth Bt300 billion

TMB ASSET Management Co Ltd (TMBAM)is targeting assets under management worth Bt300 billion in 2018 from Bt220 billion early this year, chief executive officer Somjin Sornpaisarn told The Nation in an interview on Friday.

German insurer ERGO to take 40% stake in Thaisri
May 28, 2016 1:00 am

German insurer ERGO to take 40% stake in Thaisri

THE MAJOR shareholders of Thaisri Insurance have entered an agreement to sell 40.26 per cent of shares in Thaisri to Germany-based ERGO Insurance Group with the hope that having a European partner will help Thaisri become one of the top 10 insurance...

Growing NSF eyes higher-risk investments
May 28, 2016 1:00 am

Growing NSF eyes higher-risk investments

THE NATIONAL Savings Fund (NSF) aims to invest in high-risk instruments such as corporate bonds and foreign funds once the size of the fund reaches Bt6 billion.

SCB's president resigns
May 27, 2016 4:35 pm

SCB's president resigns

Yol Phokasub, the president of Siam Commercial Bank, has unexpectedly tendered his resignation. The bank said in a filing to the Stock Exchange of Thailand today that the board approved his resignation which would take effect on July 1.

Local banks told to cash in on GMS
May 27, 2016 1:00 am

Local banks told to cash in on GMS

THAI BANKS have been encouraged to expand their presence in the Greater Mekong Subregion (GMS) to cash in on an expected influx of investments over the next few years.

KTB joins trend, waives entrance fee for new chip-based
May 27, 2016 1:00 am

KTB joins trend, waives entrance fee for new chip-based

KRUNGTHAI BANK has announced that it is waiving the entrance fee for its microchip-based debit cards until the end of 2019 and cutting their annual fee from Bt200 to Bt180 until the end of this year.

Bangkok Bank’s China unit less bullish
May 27, 2016 1:00 am

Bangkok Bank’s China unit less bullish

THE EXPECTED slow recovery of China’s economy has resulted in Bangkok Bank (China) adjusting its loan-growth target this year to match the country’s outlook for gross domestic product.

Krungsri rejigs e-business units
May 26, 2016 1:00 am

Krungsri rejigs e-business units

BANK OF Ayudhya Plc, trading under the Krungsri corporate identity, has restructured its e-business units under the new name of commercial digital solutions to give a clearer focus to digital banking including financial technology or fintech.