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The Latest Breaking News from KBank

Digital lending pays off for banks as platforms expand rapidly

Digital lending platforms run by the large commercial banking groups Kasikornbank (KBank) and SCB X are posting strong growth, in line with changing consumer behaviour in the digital era.

Bangkok Post

KBank aims to boost access for unbanked

Kasikornbank (KBank) has announced a 100-billion-baht strategic programme aimed at boosting access to banking services among Thailand's unbanked and underbanked population, very small businesses, and the self-employed.

Bangkok Post

Recession fears douse SET hopes for Q3

The Stock Exchange of Thailand was hammered in June, falling from 1,663.41 points at the end of May to close the month at 1,568.33, a drop of 5.7%. The decline follows those of other markets around the globe, especially the Dow Jones which plunged by almost 10%.

Bangkok Post

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Ambitious JK AMC targets pole position

JK Asset Management (JK AMC), a joint venture forged by Kasikornbank (KBank) and JMT Network Services, has set an ambitious goal to become the country's No.1 asset management company, with bad assets of 100 billion baht under its management by 2025.

Bangkok Post

KBank foresees weaker baht over next 2 months

Kasikornbank (KBank) expects the baht to bottom out in the next two months, depending mainly on the US Federal Reserve's benchmark interest rate hike.

Bangkok Post

Banks give ESG the okay

Banks are continuing to incorporate environmental, social and governance (ESG) factors into their business operations in a push for a sustainable transformation of the economy.

Bangkok Post

KBank seeks stake in Indonesia's PT Bank Maspion

Kasikornbank (KBank) is to buy a major stake in Indonesia-based PT Bank Maspion Indonesia Tbk to strengthen its regional banking business.

Bangkok Post

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KBank to buy majority stake in Indonesia’s Bank Maspion

One of the country's largest banks bought a $220 million majority stake in Indonesia's Bank Maspion on Monday.

Bangkok Post

KBank, Huawei unite for loan offer

Kasikornbank (KBank) is joining hands with Huawei Technologies Thailand to offer a new green loan product for solar panel installations, with a lending target of 5 billion baht this year.

Bangkok Post

KBank weighs sale of $2bn asset manager unit

Kasikornbank Plc, Thailand’s second-biggest lender, is considering options for its asset management business including a sale amid interest from other industry players, according to people familiar with the matter.

Bangkok Post

Bank shares fall as debt fears prompt downgrades

Banking and finance stocks slid after S&P Global Ratings downgraded the credit ratings of four Thai banks on concerns over high household debt.

Bangkok Post

Top banks set lower NPL targets for 2022

Four local banks unveiled their financial goals for this year, with all setting lower non-performing loan (NPL) targets in line with the economic recovery, although the rebound is projected to be uneven.

Bangkok Post

Line BK searches for partners to expand

Line BK, a social banking platform collaboration between Kasikornbank (KBank) and Line Corporation, plans to add local partners to strengthen its digital ecosystem beyond finance to access a larger customer base nationwide.

Bangkok Post

KBank denies reporting Binance deal

Kasikornbank (KBank) denied announcing a partnership with Binance, the world's largest digital exchange, saying it is interested in establishing and investing in digital asset businesses, but has not decided on how to proceed with such projects.

Bangkok Post

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