Banking & Finance

Banking & Finance: Latest news and opinions about financial and banking industry with a focus on developments in Thailand. It also includes news from all around the world.

SCB to deploy more AI innovations, for big jump in digital revenue
FRIDAY, MAY 17, 2024
Siam Commercial Bank (SCB) intends to apply artificial intelligence (AI) to advance operations, aiming to boost digital income to 25% by 2025 compared to 9.9% in the first quarter of this year, the bank said on Friday.
NPLs cross 1.09 trillion baht as household debts hit 16.3 trillion
TUESDAY, MAY 14, 2024
Thailand’s household debts at the end of first quarter of 2024 amounted to 16.3 trillion baht, with 1.09 trillion baht classified as non-performing loans (NPLs) from having defaulted for more than 90 days, the National Credit Bureau (NCB) reported on Monday.