Showing 1 - 10 of 2,835
More easing only if growth outlook dims: Bank of Thailand
Bloomberg News, Published on 20/08/2025
» Thailand’s central bank would need to see a “significant material deterioration” in its economic growth outlook, or face unexpected shocks, to justify additional rate cuts beyond the three reductions it has made this year, a top official said.
Thai lending slump for four straight quarters flags growth risks
Bloomberg News, Published on 19/08/2025
» Thai commercial banks saw their outstanding loans contract for a fourth consecutive quarter as lending to small businesses and consumers was crimped by heightened credit risks amid forecasts of an economic slowdown.
Thai banks start cutting interest rates
Published on 14/08/2025
» Thailand’s top banks have started cutting lending rates, following the central bank’s move on Wednesday to reduce the benchmark policy rate to a two-year low of 1.50% to support a weakening economy hit by US tariffs.
Blended finance for climate action
Oped, Published on 13/08/2025
» It takes policy support, commitment and also money to tackle climate change. For the latter, Thailand needs around 5-7 trillion baht in climate finance to achieve its carbon neutrality and net-zero emissions by 2050 and 2065, respectively. However, that's a target the country is still a long way away from.
Banks ramp up green initiatives
Somruedi Banchongduang, Published on 04/08/2025
» In advancing sustainable business practices, banks are doing more than offering green financial services to clients.
UK court says oligarch looted $1.9bn from Ukrainian bank
AFP, Published on 30/07/2025
» LONDON - The Ukrainian oligarch Igor Kolomoisky and his former business partner are likely to be forced to repay $1.9 billion that they “unlawfully” appropriated from a Ukrainian bank they owned, London’s High Court ruled Wednesday.
Bank profits up 3.97% in H1
Business, Somruedi Banchongduang, Published on 23/07/2025
» Thailand's banking industry reported a modest increase in net profit for the first half of 2025, weighed down by a decline in net interest margin, lower interest rates, and sluggish loan growth.
Thailand's next central bank chief champions rate cuts to revive growth
Published on 22/07/2025
» Vitai Ratanakorn, the incoming governor of the Bank of Thailand, by his own admission, will start his new job in October at a difficult time.
Thailand’s tourism slump and household debt weigh on its lenders
Published on 22/07/2025
» Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk dampening their outlook for the rest of the year.
Cabinet approves Vitai as next Bank of Thailand chief
Published on 22/07/2025
» Thailand's cabinet on Tuesday gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a government official said.