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Analysts see different levels of economic damage caused by floods
TUESDAY, SEPTEMBER 17, 2024
Economic damage caused by this year’s flooding could be as high as 200 billion baht in worst-case scenario
China’s economic slowdown hitting Thai exports, but tourism still strong: CIMB Thai Bank
TUESDAY, SEPTEMBER 05, 2023
CIMB Thai Bank has adjusted its Thailand GDP forecasts for 2023 to 3% and for 2024 to 3.5% owing to a slowdown in the Chinese economy.
CIMB Thai’s president steps down
THURSDAY, JUNE 18, 2020
CIMB Thai Bank has notified the Stock Exchange of Thailand today (June 18) of the resignation of its director, president and chief executive officer Adisorn Sermchaiwong.
The Year of two Rats for Thai economy
THURSDAY, DECEMBER 12, 2019
When exports decline along with softening global demand and the on-going trade war uncertainty, exporters would likely order less from manufacturers.
Tech lifts Nasdaq to record as retail drags on Dow
WEDNESDAY, NOVEMBER 20, 2019
The Nasdaq Composite climbed to a fresh record on the back of gains in megacap tech companies even as the Dow Jones Industrial Average sank following disappointing reports from retailers.
Banks using ‘house for cash’ to evade LTV
SUNDAY, SEPTEMBER 01, 2019
Commercial banks have shifted their strategy on homebuyers’ loans to introduce a “house for cash” approach that ease the impact of the loan to value (LTV) ratio recently set by the Bank of Thailand.
CIMB THAI records net profit of Bt429.9 million in first half of 2019.
WEDNESDAY, JULY 17, 2019
Quoting unaudited consolidated financial results for the six months ended June 30, Adisorn Sermchaiwong, acting president and chief executive of CIMB Thai Bank PCL, on Wednesday reported a consolidated net profit of Bt429.9 million for CIMB Thai group, a year-on-year increase of Bt69.8 million or 19.4 per cent.
CIMB posts Bt325m profit
THURSDAY, APRIL 18, 2019
The CIMB Thai bank said it has significant improvements attributed to growth in operating income and decline in provisions.
CIMB Thai CEO extends leave of absence
FRIDAY, MARCH 29, 2019
KUALA LUMPUR: The president and CEO of CIMB Thai Bank PCL Kittiphun Anutarasoti has extended his voluntary leave of absence by two months.
FWD Life Insurance signs deal with CIMB Thai Bank
WEDNESDAY, FEBRUARY 13, 2019
FWD Life Insurance Thailand and CIMB THAI Bank has signed a memorandum of understanding to sell “Your Choice” insurance, a unit-linked product from FWD Life Insurance through the CIMB Thai Bank.