Bangkok Bank’s President on Thailand Economy and Digital Banking

Bangkok Bank’s President on Thailand Economy and Digital Banking

Bangkok Bank’s President on Thailand Economy and Digital Banking Chartsiri Sophonpanich, president at Bangkok Bank, discusses the U.S.-China trade war, its impact on Thailand, growth in the country, their loss of market share, asset quality and his plans for digital banking. https://youtu.be/AacGSGJHD4E He speaks exclusively on “Bloomberg Markets: Asia” from the sidelines of the Bloomberg…

BoT and PBC sign agreement on Fintech Collaboration

BoT and PBC sign agreement on Fintech Collaboration

BoT and PBC sign agreement on Fintech Collaboration The two central banks aim to promote the use of innovation and technology to reduce costs and improve efficiency of financial products and services. On 9 June 2019 Mr. Veerathai Santiprabhob  Governor of the Bank of Thailand (BOT)  and Mr. Yi Gang Governor of the People’s Bank of China (PBC), signed a…

Asian real estate and US interest rates

Asian real estate and US interest rates

Asian real estate and US interest rates Continued upward movements of US interest rates are starting to impact Asian real estate markets in a number of ways Economic conditions in the US continue along a path of steady improvement, with the latest GDP growth rate of 4.1% (annualized), signifying the strongest rate of growth in…

KBank launches KATALYST funding and guiding startup project

KBank launches KATALYST funding and guiding startup project Startups participating in the KATALYST project will get an opportunity to make a campaign with KBank, which has a customer base of over 14.5 million. Ms. Kattiya Indaravijaya, middle, KBank President, Mr. Supreecha Limpikanjanakowit, left, KBank First Senior Vice President, and Mr. Thanapong Na ranong, right, Beacon…

Thai central bank seen holding fire after December hike

April economic and monetary reports (BoT)

April economic and monetary reports (BoT) The number of tourists has grown at 3.3% year-on-year with increased visitor numbers from ASEAN, India, Japan, and Europe, while the number of Chinese tourists is still in decline. Despite the effects of the trade war, the Thai domestic consumption figures, government investments, and the tourism sector still all…

Bangkok Bank and Commerzbank run international trade transaction on Marco Polo blockchain network

Bangkok Bank and Commerzbank run international trade transaction on Marco Polo blockchain network

Bangkok Bank and Commerzbank run international trade transaction on Marco Polo blockchain network Two banking members of blockchain trade finance initiative Marco Polo – Bangkok Bank and Commerzbank – have jointly executed an international trade transaction using distributed ledger technology (DLT). Launched in 2017, Marco Polo, which counts over 20 banks from across the globe as its…

Government Housing Bank (GH Bank) extends low-cost housing project

Government Housing Bank (GH Bank) extends low-cost housing project

Government Housing Bank (GH Bank) extends low-cost housing project The Government Housing Bank (GH Bank) has launched the one-million-unit low-cost housing project, which provides an opportunity for the general public to buy houses priced below one million baht. BANGKOK, 24 May 2019 (NNT) – The government has a policy to improve the people’s quality of…