Kasikornbank

Thailand is highly exposed to the Middle East through energy imports, purchasing more than half of its crude from the region.

Asean Business

Middle East conflict clouds Thai banks’ outlook as profits slip

The country’s largest lender SCB X posts a more than 18% drop in Q1 net income to 10.2 billion baht

Merchants within the Grab network will be able to receive payments immediately.

Banking & Finance

Kasikornbank enables Grab QR cross-border payments for Thai travellers

The blockchain-powered infrastructure will enable real-time transactions for customers in Singapore

Kattiya has good reasons to worry about the bank’s performance, as Thailand is grappling with a weakening economy and political turmoil.

Banking & Finance

Kasikornbank ditches key profit goal as Thai economy falters

The bank’s ROE is already among the lowest in Thailand and South-east Asia, with average ratio at 10% and 14%, respectively

Sarath Ratanavadi has a net worth of about US$12.9 billion.

International

Richest Thai man raises top bank’s stake to be No 3 shareholder

Kasikornbank is the country’s second-biggest lender with total assets of 4.4 trillion baht

Thai firms are re-engaging with opportunities in digital assets as the sector rebounds from a 2022 market rout and a series of bankruptcies.

Banking & Finance

Thai bank paves way for firms to tap digital tokens for funding

THAILAND’S second-largest bank is developing a digital-asset ecosystem to provide a funding route for companies, a stance that contrasts with scepticism towards crypto among some mainstream lenders gl...

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