Monday August 21, 2017 05:47

DEPOSITS Press Releases

MAS proposes increasing deposit insurance coverage to around $55,145 Stcoks—04 Aug 17

The Monetary Authority of Singapore (MAS) released a public consultation on its proposals to enhance the Deposit Insurance (DI) Scheme, which insures Singapore dollar deposits held at a full bank or finance company in Singapore. A key proposal is to

KBank opens head office in Laos as connection between AEC+3 companies, targeting over 3.1 billion Stcoks—20 Mar 17

KASIKORNBANK opened a new head office in Lao PDR at Lane Xang Avenue to accommodate a growing economy in Laos, improving its reach to business and individual customers. The goal is to connect ASEAN companies with Laos amid rising trade and investment

Photo Release: KBank opens head office in Laos, targeting over 3.1 billion Baht in loans and Stcoks—20 Mar 17

Recently, at Lane Xang Head Office, Lao PDR, Mr. Pipit Aneaknithi, left, President of KASIKORNBANK, together with H.E. Dr. Somphao PHAYSITH, middle, Governor of the Bank of Lao PDR and Ms. Rujikorn Saengchantr, right, Minister Counselor, the Royal Thai

Paytm gets RBI approval for payments bank Stcoks—04 Jan 17

Paytm has received final approval of the Reserve Bank to formally launch its payments bank and it expects to start operations next month. Payments banks can accept deposits from individuals and small businesses of up to Rs 1 lakh per account. "Today,

Wieliczka Salt Mine Attracts a Record-breaking 1.5 Million Tourists Lifestyle—19 Dec 16

In 2016, the "Wieliczka" Salt Mine - one of Poland's biggest attractions - was visited by a record 1.5 million tourists. Chapels carved in salt, sculptures, underground saline lakes and numerous traces of the exploitation of salt deposits make this mine,

Photo Release: CIMB THAI to be the first bank to open branch in convenient store Another step of Stcoks—15 Dec 16

CIMB THAI Bank has recently opened a new branch Sitabutr Sub Branch located in 7-Eleven store, marking the first-ever Thai commercial bank branch located inside a convenience store. This Bank branch provides account opening, deposit, SpeedSend, foreign

President Kenyatta signs Kenya#s banking amendment act 2015 into law Stcoks—24 Aug 16

What the banking sector was fearing for has finally come to pass. President Uhuru Kenyatta has today assented the banking amendment act 2015 to favour MPs and banking customers. The President says banks need to do more to reduce the cost of credit and

KBank launches Taweesup Extra - a deposit plus life insurance - offering highest 3.3% interest in Stcoks—25 Aug 16

Countering the low interest rate trend, KBank recently launched Taweesup Extra, featuring a special fixed deposit that offers the highest interest rate in the market right now at 3.3 percent p.a. Depositors are required to make monthly deposits for two

China regulators launch inspections on banking business, wealth management: Stcoks—09 Aug 16

China's banking regulator has launched nation-wide health-check on the banking industry, covering a wide range of business areas including deposits, lending, bills and wealth management, the National Business Daily reported on Wednesday. The regulatory

ME by TMB is on the right trackbeing the first completed Digital Banking since last 4 years With Stcoks—22 Jul 16

ME by TMB, set the new standard in Thailand to complete digital banking for deposit segment, is stepping into its 5th year with immense success. Past performance has been better than expectation with average portfolio growth for over 110 percent, with

Bank of America axe hovers over thousands of retail jobs Stcoks—15 Jun 16

As many as 8,000 more jobs are set to go at Bank of America's consumer arm as the digital banking revolution gathers pace and reduces the need for back-office staff and bank tellers. The biggest US retail bank by deposits also plans to add sales staff

Bangkok Bank reserves cash of Baht 45 billion for Songkran: Business as usual for shopping mall Stcoks—01 Apr 16

Bangkok Bank has prepared more than Baht 45 billion in cash reserves for 9,500 ATMs nationwide to serve customers during the Songkran holiday during 13 – 17 April 2016. The bank will also waive fees for inter-region ATM withdrawals and CDM deposits

Why Consider the Aberdeen Euro High Yield Bond Fund? Stcoks—17 Mar 16

Sources of income have become even scarcer since the start of this year. Globally, there are now around $7 trillion of negative yielding government bonds. With ever lower policy rates banks are struggling to pay positive rates for deposits as their

Why Consider the Aberdeen Euro High Yield Bond Fund? Stcoks—11 Mar 16

Sources of income have become even scarcer since the start of this year. Globally, there are now around $7 trillion of negative yielding government bonds. With ever lower policy rates banks are struggling to pay positive rates for deposits as their

SCB introduces Caring savings deposits for greater peace of mind,providing up to 10 million baht in Stcoks—05 Mar 16

Siam Commercial Bank (SCB) has introduced a new "Caring" savings account option. Providing full availability and free insurance coverage, the new account type offers personal accident insurance coverage at no charge for loss of life or disabilities,

Chevron celebrates 111 years of Caltex Havolines success with the launch of latest innovative Energy—14 Jul 15

Chevron (Thailand) Limited, marketer of the Caltex Havoline Brand, today announced the celebration of 111 years of Caltex Havoline with a complete refreshed new look and the introduction of its latest Havoline engine oils with Deposit Shield Technology,

พิธีกรเสียงหล่อ มาดเข้ม พีเค-ปิยะวัฒน์ เข็มเพชร รับเชิญร่วมงานเปิดตัว10 บันเทิง—24 Jun 15

พิธีกรเสียงหล่อ มาดเข้ม พีเค-ปิยะวัฒน์ เข็มเพชร รับเชิญร่วมงานเปิดตัว10 ผลิตภัณฑ์น้ำมันเครื่องคุณภาพแรงยกทีมกับ คาลเท็กซ์ ฮาโวลีน® โฉมใหม่ จากค่ายเชฟรอน เอาใจผู้ใช้รถเครื่องยนต์เบนซิน กับเทคโนโลยี Deposit Shield® ลิขสิทธิ์เฉพาะจากเชฟรอน

Bangkok Bank reserves cash of Baht 45 billion for Songkran: Business as usual for shopping mall Stcoks—07 Apr 15

Bangkok Bank has prepared more than Baht 45 billion in cash reserves for 9,000 ATMs nationwide to serve customers during the Songkran holiday during 11 – 15 April 2015. The bank will also waive fees for inter-region ATM withdrawals and CDM deposits

SMBC Sydney Branch#s Australian Dollar-Denominated Transferable Deposits Rated Stcoks—25 Mar 15

TOKYO (Standard & Poor's) March 25, 2015--Standard & Poor's Ratings Servicestoday said that it has assigned its 'A+' debt rating to the Australiandollar-denominated transferable deposits with floating rates issued by SumitomoMitsui Banking

Nacional Financiera S.N.C. (NAFIN) Rated #A-2# And Its Certificates Of Deposits Rated Stcoks—10 Mar 15

MEXICO CITY (Standard & Poor's) March 9, 2015--Standard & Poor's RatingsServices assigned its 'A-2' foreign currency short-term issuer credit ratingto Nacional Financiera, S.N.C. (NAFIN). At the same time, we assigned our'BBB+/A-2' foreign

Bangkok Bank reports 2014 net profit of Baht 36.3 billion Net interest income up 5.6% Non-interest Stcoks—21 Jan 15

Bangkok Bank and its subsidiaries have reported a consolidated net profit of Baht 36.3 billion for 2014, an increase of Baht 426 million or 1.2 percent from 2013. Net interest income rose by Baht 3.1 billion or 5.6 percent while non-interest income grew

Photo Release: Bangkok Banks savings accounts get high interest rate of up to 1.250% per Stcoks—25 Sep 14

Bangkok Bank is offering interest rates of up to 1.250% for savings account customers. The special rates depend on the deposit amount and customer type and the offer is not available for foreigners who hold a non-immigrant L-A visa. Deposits of less than

Photo Release: Bangkok Banks savings accounts get high interest rate of up to 1.250% per Stcoks—23 Sep 14

Bangkok Bank is offering interest rates of up to 1.250% for savings account customers. The special rates depend on the deposit amount and customer type and the offer is not available for foreigners who hold a non-immigrant L-A visa. Deposits of less than

Thanachart Bank launches Tax-free Term Deposit for the Very Rich with 3.50% pa Stcoks—16 Sep 14

Thanachart Bank has launched a new product called “Tax-free Term Deposit for the Very Rich”. The product pays an interest rate of up to 3.50 percent per annum which is higher than those offered by most tax-exempt term deposits in the market.

SMBC Sydney Branch#s Australian Dollar-Denominated Transferable Deposits Rated Stcoks—01 Sep 14

TOKYO (Standard & Poor's) Sept. 1, 2014--Standard & Poor's Ratings Servicestoday said that it has assigned its 'A+' debt rating to the Australiandollar-denominated transferable deposits with floating rates issued by SumitomoMitsui Banking Corp.'s

New 11month, 7-month and 4-month fixed deposits: Bangkok Bank offers attractive interest rate up to Stcoks—20 Aug 14

Bangkok Bank has introduced new 11-month, 7-month and 4-month fixed deposit accounts, offering interest rates of 2.80%, 2.50% and 2.00% per annum, respectively. The minimum deposit is Baht 100,000 and Baht 200,000. Bangkok Bank Director and Executive

KASIKORN celebrates the Mothers Day with Super Senior Fixed Deposit, up to a 3.50-percent deposit Stcoks—07 Aug 14

KASIKORNBANK, on the occasion of Mother’s Day, introduced a 30-month fixed term “Super Senior” deposit account, offering a monthly-paid deposit interest rate of up to 3.50 percent for deposits of between 100,000-3,000,000 Baht. Account

Photo Release: KASIKORNBANK introduces Super Senior Fixed Deposit targeting retiree Stcoks—07 Aug 14

KBank celebrates the Mother’s Day with a 30-month “Super Senior Fixed Deposit” specially designed for customers of 55 years old and over. Deposits between 100,000-3,000,000 Baht get a monthly-paid interest rate of up to 3.50 percent,

Fitch: Thai Property Investment Funds to Continue to Grow Stcoks—07 Aug 14

Fitch Ratings expects the number and the assets under management of property investment funds in Thailand to continue to grow in 2014 and 2015. This will be supported by the funds’ attractive returns relative to bank deposits and fixed income