Krungthai Bank

  • Business NewsVirtual bank race: Five giants vie for digi-crown in Thailand

    Virtual bank race: Five giants vie for digi-crown in Thailand

    The race is heating up for the new virtual bank licences, with five heavyweight business groups ready to battle it out. Gulf consortium has already thrown its hat into the ring, according to Krungthai Bank (KTB) president Payong Srivanich. This power team includes Gulf Energy Development and PTT Group. Armed with a solid business plan and robust ecosystem that meets…

  • Business NewsKrungthai Bank loan growth: No contraction in confidence

    Krungthai Bank loan growth: No contraction in confidence

    Krungthai Bank (KTB) remains confident in meeting its loan growth target for this year, despite a lending contraction during the initial six months. The bank focuses on achieving a 3% total loan growth throughout 2024, according to its President, Payong Srivanich. The Thai economy’s uneven recovery in the first half of the year and persistent uncertainties in the latter half…