Thai Securities Firms Face Structural Challenges Amidst External Headwinds

Thailand’s securities industry will continue to face secular challenges pressuring profitability from continued compression of brokerage commission rates, fierce competition, as well as investments relating to digitalisation, says Fitch Ratings. Furthermore, renewed economic headwinds from a global growth slowdown will also lead to a less favourable liquidity environment. Fitch expects profitability to weaken from the […]

thaipr.net

14 มิ.ย. 65

Bitget’s Biannual KCGI 2022 ends with close to 5,000 traders

Bitget, the world’s leading social trading and copy trading platform, is pleased to announce that King’s Cup Global Invitational (KCGI) 2022, its biannual global crypto futures trading competition, has closed with a total of 4,754 trading enthusiasts that joined the competition. The KCGI competition is divided by Individual Competition and Team Battle, in which participants […]

thaipr.net

14 มิ.ย. 65

KBank’s Indonesia Expansion Poses Additional Risk But no Immediate Impact on Ratings

KASIKORNBANK Public Company Limited’s (KBank; BBB/Stable) plan to increase its stake in PT Bank Maspion Indonesia Tbk (Maspion) to 67.5% from 9.99% reflects Thai banks’ search for earnings opportunities outside of domestic commercial banking, says Fitch Ratings. Fitch believes the acquisition of additional shares in Maspion is unlikely to have an impact on KBank’s standalone […]

thaipr.net

13 มิ.ย. 65
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