Kiatnakin Bank PCL

Entity type image
Type: Company
Name: Kiatnakin Bank PCL
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Maybank bullish on SET index prospects

Maybank Kim Eng Securities forecasts the SET index could have a 10% upside gain from its 2013 target to reach 1,700-1,750 points.The leading brokerage house also set a target of 1,800 for the best-case scenario, while it sees a downside of 1,450 points ... [Published Bangkok Post - May 15 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

STOCKS NEWS THAILAND-Buy banks on dips, long term outlook promising-CIMB

CIMB Securities advised investors to use any weakness in banks' share prices, caused by lower interest rates, as an opportunity to build positions in view of the sector's solid operating outlook.Market expectations of an interest rate cut have increased ... [Published Reuters - May 14 2013]
First reported May 09 2013 - Updated May 09 2013 - 1 reports

Banks drop no-interest loans

(Bangkok Post - McClatchy-Tribune Information Services via COMTEX News Network) -- Three large banks scrapped zero-interest rate mortgages, their standard offer at the Money Expo for 13 years, to abate regulators' concerns about a property bubble.Siam ... [Published PredictWallStreet - May 09 2013]
First reported May 05 2013 - Updated May 05 2013 - 1 reports

Thais becoming inured to corruption, TDRI says

Home national PramonWith bribes hitting 30-50 per cent of project prices, and the public showing signs of becoming inured to the practice, corruption has reached a critical point, the Thailand Development Research Institute (TDRI) said. "Back in 1997, ... [Published The Nation - Thailand - May 05 2013]
First reported Apr 19 2013 - Updated Apr 19 2013 - 1 reports

Investors flock to BTS fund's IPO; stock

BTS Group Holdings chairman Keeree Kanjanapas, fourth from right, the management team of the Stock Exchange of Thailand and executives of Kiatnakin Bank celebrate the initial public offering of the BTS Rail Mass Transit Growth Infrastructure Fund on the ... [Published The Nation - Thailand - Apr 19 2013]

Quotes

"Aggressive cuts will affect the net interest margin of wholesale-focused banks but boost those concentrating on hire purchase" it said, adding that Kiatnakin Bank Pcl and Siam Commercial Bank Pcl were its top picks
"Over the course of a mortgage, interest rates for loans with no-interest teaser periods are barely different than those without teaser rates. The only difference is no-interest mortgages can help homebuyers reduce the principal owed during the teaser period" he said
...despite the zero rate, BAY is not relaxing loan conditions and customers have to compare the benefits that they will receive from the promotions. "We just offer the benefit to real customers, only at the fair. Outside the fair, we will not promote zero rate except zero-rate commitments with property developers."
Instilling the right attitude and proper values would go a long way, so Thais must be taught two things. "They must not cheat and they must not allow themselves to be cheated."

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All (8) | News (7) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Maybank bullish on SET index prospects [Published Bangkok Post - May 15 2013]
STOCKS NEWS THAILAND-Buy banks on dips, long te... [Published Reuters - May 14 2013]
Banks drop no-interest loans [Published PredictWallStreet - May 09 2013]
Banks shun zero-rate home loans [Published The Nation - Thailand - May 09 2013]
Cavendish advises Red Box Recorders' Management... [Published Cavendish - May 08 2013]
Thais becoming inured to corruption, TDRI says [Published The Nation - Thailand - May 05 2013]
Investors flock to BTS fund's IPO; stock [Published The Nation - Thailand - Apr 19 2013]
Fact Sheet for Kiatnakin Bank PCL [Published Able2Act - May 08 2008]
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