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The Latest Breaking News from Krungsri

Thailand's six domestic systemically important banks (D-SIBs) have continued to expand their sustainable lending portfolios, with some institutions raising their financing targets to support the transition towards a net-zero economy.

Bangkok Post

Stimulus with strings attached

During the Bhumjaithai Party election campaign, party leader Anutin Charnvirakul coined a viral phrase upon becoming premier: "I will make my fellow citizens cry out, 'Enough, enough -- we're too rich. We can't handle it anymore!'"

Bangkok Post

Krungsri anticipates uptick in baht volatility

Bank of Ayudhya, which markets itself as Krungsri, predicts the baht will be more volatile amid several uncertainties both internal and external.

Bangkok Post

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Revolutionising retail: KE Group and Ally Reit join forces to launch Ally Sky rewards

KE Group has partnered with Ally Leasehold Real Estate Investment Trust (REIT) to revolutionise the retail sector with the introduction of the Ally Sky Rewards application. This loyalty programme will cater to shoppers in 11 shopping malls within Ally REIT's portfolio, making it Thailand's first loyalty programme that covers all…

Bangkok Post

Investors eyeing tech startups

Japanese investors are interested in Thai tech startups, supporting their business expansion to regional markets, says an executive of Bank of Ayudhya (Krungsri).

Bangkok Post

Krungsri upbeat on digital baht

The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.

Bangkok Post

Krungsri sees support for Japan's interests

Bank of Ayudhya, which markets itself as Krungsri, believes the new government will support Japanese investment in Thailand.

Bangkok Post

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Step right up, hedge your currency bets

If you're planning to travel abroad, it's important to consider the foreign exchange rate to manage your personal finances, especially as the baht is increasingly volatile against the US dollar.

Bangkok Post

Krungsri upbeat on M&A view

Bank of Ayudhya (Krungsri) sees greater opportunity for large corporate customers to make merger and acquisition (M&A) deals this year thanks to a clearer economic outlook following the easing of the pandemic.

Bangkok Post

Krungsri, SCCC launch green initiative

Bank of Ayudhya, under the marketing name Krungsri, has joined hands with Siam City Cement (SCCC) to move towards zero food waste in order to reduce greenhouse gases and promote the circular economy.

Bangkok Post

Krungsri Finnovate unveils B1bn fund for tech startups

Krungsri Finnovate, a corporate venture capital arm under Bank of Ayudhya, has joined forces with Pawoot Pongvitayapanu, founder of e-commerce solution provider Tarad.com, to set up a 1-billion-baht trust fund to invest in early-stage startups.

Bangkok Post

Krungsri aims to grow regional base

Bank of Ayudhya (Krungsri) continues to expand its financial business in Asean and targets its regional customer base exceeding 500,000 this year.

Bangkok Post

Business is booming for BDMS

From its origins owning a small hospital 50 years ago, today Bangkok Dusit Medical Services (BDMS) has become the largest hospital network in Asia-Pacific.

Bangkok Post

Top thailand industry players unveil insights on 'Future business in the digital era'

Digital infrastructure modernisation, agile operations and ecosystem partnerships are imperative for businesses to create new innovations and services and achieve success in the face of digital disruption and other pressing challenges, say IT heads of business pioneers in Thailand.

Bangkok Post

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Bangkok Post

Krungsri takes 75% stake in Home Credit

Bank of Ayudhya (Krungsri) announced yesterday the 75% majority stake acquisition of the consumer finance business of Home Credit in Indonesia and the Philippines, with an initial total consideration of €473.9 million (17.7 billion baht).

Bangkok Post

Central bank tackling rise in unsecured loans

The Bank of Thailand plans to ask both banks and non-banks to cease encouraging unnecessary borrowing of unsecured loans early next year as it wants to see the ratio of household debt to be at a level not exceeding 80% of GDP.

Bangkok Post

Krungsri reaffirms aid to all customer segments

Bank of Ayudhya (Krungsri) and its business units have reaffirmed continuous assistance to help all customers accelerate their sustainable recovery in alignment with the Bank of Thailand and the Thai Bankers' Association (TBA)'s measures.

Bangkok Post

Banking sector's profits gain on higher interest income

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

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Bangkok Post

KFIN sets budget of B1bn for tech

Krungsri Finnovate (KFIN), a corporate venture capital (CVC) firm under Bank of Ayudhya, set a budget of 1 billion baht for digital technology investment, in line with the digital era.

Bangkok Post

Krungsri targets 15m customers

Bank of Ayudhya (Krungsri) aims to increase its individual customers to 15 million, with 12 million on its mobile banking platform, in three years.

Bangkok Post

MPC expected to keep policy rate at 0.5%

The Bank of Thailand's Monetary Policy Committee (MPC) is expected to keep its policy rate at the historically low level of 0.5% throughout this year to maintain economic momentum, according to economists.

Bangkok Post

Krungsri Consumer preps new digital personal loan

Krungsri Consumer, the unsecured loan unit under Bank of Ayudhya (BAY) that uses the marketing name Krungsri, plans to offer a new digital personal loan product for customers to enable them to purchase goods first and pay the loan later.

Bangkok Post

Krungsri targets loan growth of 2% this year

The Corporate and Investment Banking Group of Bank of Ayudhya, using the marketing name Krungsri, aims to achieve loan growth of 2% this year, according to its 2022 business direction.

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

Krungsri Finnovate unveils joint venture with MUIP

Krungsri Group's subsidiary Krungsri Finnovate has announced a joint venture investment plan with MUFG Innovation Partners (MUIP) for 2022-23, aiming to establish three new unicorns in the portfolio.

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Anutin Charnvirakul

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