Published: December 17, 2020
Bank of Thailand’s deputy governor Ronadol Numnonda said on Thursday that the central bank’s Financial Institutions Development Fund (FIDF) has learned about some irregularities in the management of Sukhumvit Asset Management (SAM).
Published: December 08, 2020
Bangkok Commercial Asset Management (BAM) believes it will be able to collect Bt15 billion and Bt16 billion in outstanding debts next year, chief of BAM’s investor relations Rathanon Fookiat said.
Published: November 18, 2019
Bad debts or NPLs in Thailand’s banking system are on the rise as SMEs face difficulties and lower asset quality but bank profits still increased in the third quarter of this year, the central bank said today (November 18).
Published: September 21, 2017
TMB Analytics forecasts that non-performing loans (NPLs) in the third quarter of this year will reach a high of 3 per cent, or about Bt430 billion, after small and medium-sized enterprises report a decline in sales for the first nine months of this year.
Published: October 19, 2015
SIAM COMMERCIAL BANK'S net profit in the quarter plunged by 32 per cent to Bt9.02 billion from the same period last year because of the substantially higher additional provisions required for two large corporate clients, Sahaviriya Steel Industries (SSI)
Published: September 25, 2015
Siam Commercial Bank and Krungthai Bank are expected to show zero increase in their capital ratios due mainly to higher provisions set aside against the Bt45 billion loans to Sahaviriya Steel Industries, said a rating agency.
Published: August 26, 2015
KRUNGTHAI BANK expects its non-performing loans (NPLs) from retail banking in the second half of the year to rise from the level at the end of June, because of the weak debt-repayment ability of its borrowers, especially among those who are self-employed.