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The Latest Breaking News from Krungsri

Yuan gains ground in Thai trade transactions

Bank of Ayudhya (Krungsri) expects Thai importers to make greater use of Chinese yuan in international transactions, reflecting the growing volume of imports from China.

Bangkok Post · Jul 22

ThaiBev reinforces green financing commitment

Thai Beverage Plc (ThaiBev) continues to embed sustainability into its capital strategy through a 6.5-billion-baht sustainability-linked loan (SLL) from Bank of Ayudhya Plc (Krungsri).

Bangkok Post · Jul 15

Thai banks ramp up green loan offerings

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 · Jun 8

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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 · Jun 1

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 · Jul 6, 2023

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 · Jun 26, 2023

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 · Jun 12, 2023

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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 · Jun 11, 2023

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 · May 31, 2023

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 · Mar 7, 2023

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 · Feb 21, 2023

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 · Feb 13, 2023

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 · Feb 8, 2023

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 · Feb 2, 2023

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Bangkok Post · Jan 27, 2023

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 · Dec 9, 2022

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 · Nov 24, 2022

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 · Oct 3, 2022

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.

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Bangkok Post · Aug 15, 2022

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 · Jul 22, 2022

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.

Bangkok Post · Jul 15, 2022

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 · May 11, 2022

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 · Mar 20, 2022

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 · Mar 14, 2022

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 · Mar 10, 2022

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.

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