Showing 1 - 10 of 21
Use cases studied for open data
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand expects initial use cases under its open banking policy to be implemented next year, aiming to provide consumers with better access to financial services.
BoT prepares for open data service
Somruedi Banchongduang, Published on 30/11/2023
» The Bank of Thailand (BoT) is scheduled to implement open banking policies next year, enabling data owners to easily transfer their data from one service provider to another to allow better data utilisation.
Banking on responsible lending
Business, Somruedi Banchongduang, Published on 18/11/2023
» As authorities try to ease swelling household debt, the Bank of Thailand plans to implement responsible lending guidelines to improve loan quality in the financial system, starting on Jan 1, 2024.
Improving the auto loan sector's standards
Business, Somruedi Banchongduang, Published on 26/08/2023
» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.
BoT considers rate cuts amid debt crisis
Business, Somruedi Banchongduang, Published on 06/07/2023
» The Bank of Thailand is mulling cutting interest rates to help people struggling with debt to exit from a pernicious cycle, says a central bank executive.
Central bank aims to tackle debt crisis
Business, Somruedi Banchongduang, Published on 04/07/2023
» The Bank of Thailand aims to cut persistent debt in order to reduce the burden of households and help consumers exit from the debt cycle faster.
BoT delays publication of virtual bank rules to Q3
Business, Somruedi Banchongduang, Published on 26/04/2023
» The Bank of Thailand has postponed the issuance of virtual bank regulations until the third quarter of this year because it needs more time to clarify the new business licensing with related parties.
Bank of Thailand plans responsible lending rules
Business, Somruedi Banchongduang, Published on 15/02/2023
» The Bank of Thailand plans to implement new regulations for responsible lending to curb the country's household debt problem over the long term.
BoT to hold hearings on virtual bank licences
Business, Somruedi Banchongduang, Published on 15/10/2022
» The Bank of Thailand plans to hold a public hearing about virtual bank licensing early next year, in a move to expand access to financial services for underbanked and unbanked consumers.
BoT eyes higher bank capital reserves
Business, Somruedi Banchongduang, Published on 25/03/2022
» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.