Showing 1 - 10 of 124
GSB head urges prolonged rate cut
Business, Wichit Chantanusornsiri, Published on 23/06/2025
» Vitai Ratanakorn, president of Government Savings Bank (GSB) and a candidate for Bank of Thailand governor, has suggested the policy interest rate should be greatly lowered for a sustained period to revive the stagnant economy.
Vision statements pending from six central bank candidates
Published on 20/06/2025
» Six of the seven candidates to be the next Bank of Thailand governor have passed the qualification round and are scheduled to present their vision for the institution on June 24.
Candidates vie for post of governor
Business, Published on 17/06/2025
» The Bank of Thailand is preparing to welcome a new governor as the incumbent, Sethaput Suthiwartnarueput, is scheduled to complete his term on Sept 30, 2025. The selection process for this crucial role is highly anticipated, given the significant economic challenges facing Thailand and the importance of central bank leadership in shaping monetary policy and financial stability.
Stakes high for next central bank chief
News, Published on 09/06/2025
» As the clock ticks down on Governor Sethaput Suthiwartnarueput's term, which is ending on Sept 30, Thailand's central bank chief is preparing to hand over the reins at a time of mounting economic uncertainty.
Candidate for Bank of Thailand chief backs aggressive rate cuts
Published on 06/06/2025
» Thailand should be more aggressive in cutting borrowing costs given its bleak growth outlook and subdued inflation, according to Somprawin Manprasert, one of the candidates seeking to become the Bank of Thailand’s new governor.
Seven contenders vie to lead Bank of Thailand
Published on 04/06/2025
» The race to be Bank of Thailand governor is heating up, with bankers and economists leading a list of seven applicants vying for a pivotal role in Southeast Asia’s second-biggest economy.
Banks urged to ramp up lending to Thais
Business, Wichit Chantanusornsiri, Published on 17/03/2025
» With household and non-performing debts unlikely to increase further, Finance Minister Pichai Chunhavajira says now is the ideal time to encourage financial institutions to accelerate loan extensions.
Several banks reduce loan rates, following the regulator
Business, Published on 06/03/2025
» Six major commercial banks and a handful of state-owned banks announced a reduction of lending interest rates following the Bank of Thailand's policy rate cut late last month to alleviate the financial burden for borrowers amid a weakening economy.
Bad debts have reached peak, says state bank
Business, Wichit Chantanusornsiri, Published on 02/01/2025
» The Government Savings Bank (GSB) has the view that non-performing loans (NPLs) in the financial system have already peaked.
Good Money to help GSB deliver on its social pledge
Business, Wichit Chantanusornsiri, Published on 06/11/2024
» Government Savings Bank (GSB) is venturing into the personal and small business loan market through an online platform, leveraging alternative data and technology-driven solutions, with a goal of reaching 500,000 customers over the next four years.