Showing 1 - 10 of 23
Thai borrowers top global rankings for greatest fragility
Somruedi Banchongduang, Published on 19/02/2024
» Thailand ranks top in terms of fragile borrowers compared with other countries, and is seeking debt assistance measures from the Bank of Thailand.
TMBThanachart Bank anticipates loan interest rate rise
Business, Somruedi Banchongduang, Published on 05/11/2022
» TMBThanachart Bank (ttb) expects to increase its loan interest rates by at least 0.5-0.6% next year, in line with the Bank of Thailand's monetary policy normalisation.
Central bank mulls joint sandbox for NDID
Business, Somruedi Banchongduang, Published on 24/05/2022
» The Bank of Thailand plans to collaborate with other regulatory agencies on setting up a co-regulatory sandbox to test digital identity verification through the National Digital ID (NDID) platform in the second half as part of efforts to further drive the digital economy.
NDID bullish on outlook for identity verification
Business, Somruedi Banchongduang, Published on 21/05/2022
» National Digital ID Co (NDID), a firm that provides digital identity verification, believes the adoption of its service will expand as more Thais become familiar with digital innovation, chief executive Boonsun Prasitsumrit told the Bangkok Post in an exclusive interview.
NDID to service corporate sector
Business, Somruedi Banchongduang, Published on 11/03/2022
» The National Digital ID (NDID) Co Ltd plans to expand digital identity verification and data-sharing services on its NDID platform to cover the corporate sector.
BoT reduces annual growth forecast to 3%
Business, Somruedi Banchongduang, Published on 25/03/2021
» The Bank of Thailand on Wednesday slashed its economic growth forecast this year to 3% from 3.2% made in December, given the impact of the second wave of Covid-19 infections and tepid tourism.
CIMBT, Sabuy tie up to offer cross-border transfers
Business, Somruedi Banchongduang, Published on 18/02/2021
» CIMB Thai Bank (CIMBT) has joined forces with MAI-listed Sabuy Technology Co to jointly develop an ecosystem platform for cash management and money transfers domestically and regionally.
40m expected for NDID authentication
Business, Somruedi Banchongduang, Published on 10/11/2020
» The Bank of Thailand expects around 40 million depositors will register for digital ID authentication under the National Digital ID (NDID) platform after expanding digital customer verification to other financial service providers apart from commercial banks.
BoT cuts key rate to 0.50%
Somruedi Banchongduang, Published on 20/05/2020
» The Bank of Thailand cut its policy rate by 25 basis points to a record low of 0.50% on Wednesday, to help soften the economic impact of the pandemic and social distancing measures.
Commercial customers see upgrade
Business, Somruedi Banchongduang, Published on 28/04/2020
» Banks have made a push for greater adoption of digital banking channels, offering more services to improve convenience for commercial customers amid social distancing to contain the pandemic.