Thailand Finance & Banking

The Bank of Thailand said lending by commercial banks is expected to grow 9.8% this year, boosted by a recovery in...

Bank interest rates could increase by 0.75 percentage points throughout next year as central bank rates will rise as the economy...

Fitch Ratings yesterday revised the international ratings' Outlooks of the four largest private Thai banks - Bangkok Bank (BBL), Siam Commercial...

Although the market has absorbed the news of the upside interest rate trend started by the Reserve Bank of Australia, the...

Thailand will consider a tender offer by the Industrial and Commercial Bank of China, the world's largest by value, to buy...

The Industrial and Commercial Bank of China (ICBC) (601398.SH), the world's largest by market value, announced late Tuesday it had reached...

China awards Bangkok Bank with an exclusive license for clearing yuan transactions, as part of Beijing's strategy to broaden the reach of the renminbi currency in the Asian region.

Bank of Ayudhya shareholders yesterday approved its acquisition of the assets of GE Capital in five financial businesses covering credit...

Kasikorn Bank posted total outstanding loans of Bt868,708mn, as of July 2009, a decline of Bt9,076mn, or -1.03% mom. This...

The Bank of Thailand has allowed Thai companies with assets of Bt5b or above to invest in foreign financial papers,...