The Latest Breaking News from KBank

A joint venture asset management company (JV AMC) business model is the country's innovative solution for handling non-performing loans (NPLs) in the banking sector, said Suthirak Traichira-Aporn, chief executive of JK Asset Management (JK AMC), in an exclusive interview with the Bangkok Post.

Local major banks plan to hold their interest rates steady if the Bank of Thailand raises the policy rate on Wednesday, as they want to mitigate its impact on borrowers amid a gradual economic recovery.

Major banks have continued to tap the underbanked, aiming to promote financial inclusion and further expand their customer base.

Kasikornbank (KBank) is pressing ahead with plans to become a regional digital bank, with an expansion drive in Vietnam.

Kasikornbank (KBank) has joined hands with Carabao Group, the maker of Carabao Dang energy drink, on a plan to offer personal loans under the Kbao brand at Tookdee convenience stores.

Major local banks are seeking joint venture partnerships for their asset management businesses to strengthen long-term growth.

The local banking sector recorded improved net profit for the first half year-on-year, attributed to higher interest income.

SET-listed Carabao Group (CBG), the maker of Carabao Dang energy drink, has teamed up with Kasikornbank (KBank) to invest up to 15 billion baht to expand Tookdee convenience stores.

Kasikornbank (KBank) forecasts the baht will weaken more than previously projected because of the US Federal Reserve's hawkish rate hikes.

Kasikornbank (KBank) and six partners on Wednesday jointly launched an "innovative iconic green building" named "KLOUD by KBank" at Siam Square.

The Federation of Thai Industries (FTI) is assessing the impact on Thai investors in Myanmar after authorities in that country ordered companies there to suspend debt payments for foreign loans.