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The Latest Breaking News from KTB

Krungthai Bank (KTB) and Kasikornbank (KBank) are scrutinising their buy now, pay later (BNPL) services and adjusting their business strategies to align with stricter regulatory oversight.

Bangkok Post

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

Government tightens welfare criteria

The Finance Ministry has revised the eligibility criteria for the state welfare card programme, a move expected to reduce the number of beneficiaries from 13.2 million people.

Bangkok Post

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Clicx unveils next-generation banking vision

Clicx Bank, Thailand's first virtual bank licence holder, is scheduled to launch its mobile application on June 19, aiming to tap underserved customers.

Bangkok Post

Why Is Lee And Wrangler Parent Kontoor Brands Stock Sinking Monday?

Kontoor Brands Inc. (NYSE:KTB) on Monday reported its third-quarter earnings, which beat Wall Street estimates, driven by the strength of its expanded brand portfolio, gross margin expansion, and operational execution.

Benzinga

3 Boutique Fashion Stocks Riding the Luxury Boom

Luxury fashion is booming, and boutique brands are at the forefront, capturing high-end consumers’ attention. Therefore, to capitalize on this trend, investors could consider buying well-positioned boutique fashion stocks like Levi Strauss & Co. (LEVI), Kontoor Brands (KTB), and Wolverine World Wide (WWW). Read more….

StockNews.com

3 Luxury Retail Stocks Cashing In on Global Demand

As the global luxury goods market continues to expand, driven by rising disposable incomes and the increasing influence of younger consumers, fundamentally solid luxury retail stocks PVH Corp. (PVH), Kontoor Brands (KTB), and Hugo Boss (BOSSY) could be solid buys. Read further.

StockNews.com

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3 Apparel Stocks Set to Trend Higher This Year

The apparel market is driven by pent-up demand by millennials, demographic shifts, and the growing influence of social media. Hence, it could be wise to buy top apparel stocks, such as American Eagle Outfitters (AEO), Kontoor Brands (KTB), and Caleres (CAL), which are set to trend higher this year. Read…

StockNews.com

I&B Minister launches trailer of animated series on Indian freedom struggle

Union Minister Anurag Thakur launched KTB- Bharat Hain Hum, an animated series featuring stories from India's freedom struggle. It will be shown on Doordarshan, Netflix and Amazon Prime and dubbed in multiple languages.

The Hindu

Infinitas, Google Cloud expand pact

Infinitas, the digital innovation arm of Krungthai Bank (KTB), has expanded its collaboration with Google Cloud to accelerate the transformation of KTB's Pao Tang mobile application into a super app.

Bangkok Post

Banks consider new fees to reflect expenses

The Thai Bankers' Association (TBA) is mulling a new fee structure for the industry, with higher service costs for banks possibly passed on to customers.

Bangkok Post

Banks hesitate in rush to cashless era

The banking industry's push to discourage the use of cash led some to believe it was a good idea to charge fees for cash transactions and suspend cardless money withdrawals at ATMs.

Bangkok Post

KTB targets virtual banking, wealth tech

Krungthai Bank (KTB) is gearing up for S-curve growth in the virtual banking and wealth tech sectors over the next five years.

Bangkok Post

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

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Bangkok Post

KTC records 20% net profit growth in 2022

SET-listed Krungthai Card (KTC), a non-bank business under Krungthai Bank (KTB), posted net profit growth of 20% in 2022, thanks to Thailand's economic rebound and improving tourism after the country's reopening.

Bangkok Post

KTB, AIS eyeing virtual bank

State-owned Krungthai Bank (KTB) has partnered with leading telecom operator Advanced Info Service (AIS) on a plan to jointly invest in a virtual bank, aiming to serve both existing and new customers, says KTB president Payong Srivanich.

Bangkok Post

Corporate lending to be key driver of loan growth in 2023

Corporate loans are expected to be the key contributor to lending growth in the banking sector in 2023 thanks to improving demand from businesses and the strong financial condition of large companies.

Bangkok Post

A challenging year ahead

Global economic growth in 2023 is expected to remain sluggish, following a year roiled by the war in Ukraine and soaring inflation.

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Bangkok Post

Local banks forecast to move this week

Local banks are expected to raise interest rates this week following the Bank of Thailand's recent policy rate hike, while borrowers could face a normalisation of loan rates for next year.

Bangkok Post

A chairman who walks the talk

'In order to effectively drive an organisation, three critical principles should be properly managed: a challenging strategy, effective execution and strong managerial capabilities," says Dr Chaiwat Wiboonsawat, a former chairman of the board of the Stock Exchange of Thailand.

Bangkok Post

Sell-off continues as inflation fight stepped up

RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.

Bangkok Post

Apple, Tesla focus of new fractional trade

The Stock Exchange of Thailand (SET) and state-owned Krungthai Bank (KTB) are launching fractional depositary receipts (DRx), a tool that can help investors buy a part of leading global companies such as Apple and Tesla Inc.

StockNews.com

3 Battered Stocks That are Now Good Buys

Concerns over surging inflation and the Federal Reserve’s continuous efforts to fight it by raising the interest rates have caused the S&P 500 to enter bear market territory. However, the recent market correction could be an opportune time to scoop up shares of beaten-down yet fundamentally sound stocks Meritage Homes…

Bangkok Post

Joint push to help local shops

Advanced Info Service (AIS) is teaming up with Krungthai Bank Plc (KTB) to enable its customers to use AIS points for cash discounts when making purchases at more than 400,000 shops linked with the bank's Tung Ngern app.

Benzinga

Wrangler, Lee Parent's Q1 Earnings Exceed Street View; Cuts Q2 EPS Outlook

Kontoor Brands Inc (NYSE:KTB) reported first-quarter FY22 sales growth of 4% year-on-year to $679.74 million, beating the consensus of $655.33 million. The company attributed the revenue growth to strength in Digital and continued positive trends in the U.S. wholesale business and solid performance in international markets. Revenue in the U.S. increased 4% Y/Y,…

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