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Growth momentum encourages Foreign banks operating in Thailand

Growth momentum encourages Foreign banks operating in Thailand

Foreign banks operating in Thailand reiterated their readiness to increase lending in an effort to help maintain the country's economic growth momentum.Thai banks provide a wide range of services throughout the country. Most foreign banks are represented, however, at this stage they offer limited services to the individual consume ...

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Four banks to close all BK branches

As the situation is escalating, the Bangkok Bank, Krung Thai Bank, Kasikornbank and Siam Commercial Bank will close all of their Bangkok branches at 1pm on Wednesday, Prasarn Trairatvorakul, chairman of the Thai Bankers Association said. See more here: Four banks to close all BK branches Financial markets have so far ...

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Standard Chartered Regional Head hints on Real Estate in Thailand

Standard Chartered Regional Head hints on Real Estate in Thailand

Mr. Fergal G Harris, is Regional Head, Commercial Real Estate, South East Asia Wholesale Banking, Standard Chartered How would you rate the Thailand luxury property sector’s performance in 2008 and early 2009 and what were the major issues ... Thailand Business News See the original post here: Standard Chartered Regional Head ...

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Thanachart Bank's buyout of Siam City Bank could trigger competition

TBank, 49% owned by Canada's Bank of Nova Scotia, this month purchased a 47.58% stake in SCIB from the Financial Institutions Development Fund for about 32 billion baht. TBank plans to tender for all outstanding shares of SCIB and to consolidate the assets under the Thanachart brand. Read more

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Some Events cancelled in Bangkok, but normal bank operations continue

The Stock Exchange of Thailand has cancelled all activities to take place during March 12-14, on concerns over inconvience of visitors and their safety. Go here to read the rest: Events cancelled, but normal bank operations continue Read more

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China will be ready to move on yuan’s exchange rate

China will be ready to move on yuan’s exchange rate

China will be "ready'' to deal with the currency exchange rate issue when its global partners begin to withdraw their stimulus packages, the deputy head of China's central bank said Saturday. The role of the yuan will be augmented next year following implementation of the China-Asean Free ...

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