Thailand
Krungsri Bank unveils facial recognition technology for deposit account opening
Krungsri Bank unveils facial recognition technology for deposit account opening
It plans to expand the tech to customers opening passbooks via mobile app by Q2 2019.
Thai government to buy $318m of shares in TMB-Thanachart merger
It chose to invest because it believed that the merger would yield a more efficient bank.
Europe-based LGT unveils wealth management business in Thailand
LGT Securities will complement the company's private bank efforts in Hong Kong and Singapore.
Chart of the Week: Thai banks raise capital shields against bad loans
Total capital adequacy ratios hit 18% in November 2018.
Thailand braces for fresh wave of bad loans as property market cools
Retail mortgage NPLs account for 16.6% of systemic bad loans and 25.9% of total loans.
Thailand's GSB expands deposit network
GSB aims to have a total of 226,000 top-up points.
Krung Thai Bank's bad loan ratio could fall to 4% in 2019
The bank is in the process of resolving one big corporate NPL.
Cambodia and Thailand ink deal on QR code scheme
It aims to boost local currency usage of both the riel and baht.
Chart of the Week: Thai banks ramp up lending to risky SMEs
SME loans accelerated to 7.2% in September 2018 from 2.4% in 2017.
Bangkok Bank profit up 7% to $1.11b in 2018
Non-interest income rose 9.1%.
Siam Commercial Bank Q4 profit hit by sharp provision spike
Provisions surged 73% as asset quality deteriorated.
Thai banks weather digital fee waiver as 2018 earnings rise 8.2% to $6.69b
TMB Bank outperformed its peers as yearly profit surged 34%.
TMB-Thanachart Bank merger to secure approval by end-January: official
The government approved tax incentives last year to ease consolidation.
Kasikornbank ties up with Japan mobile chap operator Line
The bank will tap on the latter's 44 million users to grow personal loans.
Thailand mulls harsher stance against cash transactions
Banks are considering additional fees as it aims to speed up e-payment adoption.
Thai banks' Q3 loan growth up 6.4% as consumers snap up credit
Consumer loans outpaced industry average at 8.4%.
Thai lenders bank on revamped apps to sustain growth
Krung Thai Bank and Kasikornbank have updated their apps.
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