Showing 1 - 9 of 9
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.
Banks agree to comply with Bank of Thailand security measures by June
Business, Somruedi Banchongduang, Published on 11/03/2023
» State-owned and commercial banks have agreed to comply with the Bank of Thailand's new cybersecurity measures by the June deadline.
BoT issues warning on cybercrime
Business, Somruedi Banchongduang, Published on 19/01/2023
» The Bank of Thailand has warned banks and consumers to keep up their guard against an elevated risk of financial cybercrime.
Thailand sidesteps US watch list
Business, Somruedi Banchongduang, Published on 30/05/2019
» Although Thailand managed to avoid a place on the US watch list for currency manipulation, the Bank of Thailand is still wary on the matter after the US Treasury tightened its criteria, says the central bank's chief.
BBL maintains NPL caution despite better asset quality
Business, Somruedi Banchongduang, Published on 14/03/2019
» Bangkok Bank (BBL) is keeping its guard up with plans to set aside loanloss provisions this year at the same level as last year to cope with global economic uncertainties, despite improving asset quality.
BoT tells banks to tackle cybersecurity
Business, Somruedi Banchongduang, Published on 07/08/2018
» The Bank of Thailand has instructed all banks to make cybersecurity a priority, develop systems to tackle unauthorised access and offer compensation in the event of financial losses from a data breach.
SCB Digital Ventures to splash out $50m
Business, Somruedi Banchongduang, Published on 20/03/2017
» SCB Digital Ventures, the financial technology (fintech) solutions venture arm of Siam Commercial Bank (SCB), expects to splurge US$50 million on initial funding this year.
Fighting cyberthieves
Business, Somruedi Banchongduang, Published on 03/10/2016
» Sending money and paying utility bills used to require a trip down to the bank during office hours. Today, thanks to smartphones and tablets, those same tasks can be done anytime and anywhere through websites or mobile financial apps.
SCB set to shift to microchip cards
Business, Somruedi Banchongduang, Published on 13/11/2013
» Siam Commercial Bank (SCB), Thailand's fourth-largest lender by assets, will start shifting to chip-based ATM and debit cards from the existing magnetic strips next year to minimise fraud.