Showing 1 - 10 of 59
CIMBT prepares for BoT's virtual licensing
Business, Somruedi Banchongduang, Published on 26/01/2022
» CIMB Thai Bank (CIMBT) is ready to embrace the Bank of Thailand's virtual bank licensing as part of its digital strategy.
Political uncertainty hits confidence
Business, Somruedi Banchongduang, Published on 31/10/2020
» Domestic political uncertainty is putting pressure on consumer confidence, though private consumption registered a small improvement last month, says a senior Bank of Thailand official.
Quarterly figures hit record trough
Business, Somruedi Banchongduang, Published on 30/05/2020
» The economy got off to a grim start this quarter, with several economic indicators posting the worst levels on record for an April, says a central bank senior official.
BoT outlines possible recovery paths
Business, Somruedi Banchongduang, Published on 01/05/2020
» The economy is likely to stage a V- or U-shaped recovery, while a W-shaped rebound is not far-fetched if a second wave of coronavirus occurs, says a senior official at the central bank.
BoT says GDP to shrink until next year
Business, Somruedi Banchongduang, Published on 01/04/2020
» The economy is expected to contract every quarter this year, with the nadir in the second quarter, according to a senior official at the Bank of Thailand.
BoT warns of GDP growth below 1%
Business, Somruedi Banchongduang, Published on 29/02/2020
» The Bank of Thailand says the economy is likely to expand by less than 1% in 2020 if the coronavirus outbreak lasts throughout the year, says a central bank senior official.
SCB waits on new Myanmar licence
Business, Somruedi Banchongduang, Published on 28/02/2020
» Siam Commercial Bank plans to open its first branch in Myanmar this year if the Central Bank of Myanmar (CBM) grants a bank subsidiary licence, says a SCB senior official.
BoT: Loan growth may lag GDP uptick in 2020
Business, Somruedi Banchongduang, Published on 18/02/2020
» Banking loan growth could slow to levels below economic growth, while the bad loan ratio is expected to surpass 3% this year as the economy falters, says a senior official at the central bank.
Bank of Thailand readies rejig of fees
Business, Somruedi Banchongduang, Published on 11/02/2020
» The Bank of Thailand plans to implement practice guidelines to regulate financial institutions' fee charge calculation for products and services in the third quarter as part of a push for a fairer fee structure, a senior official says.
BoT carves out e-KYC path for banking
Business, Somruedi Banchongduang, Published on 08/02/2020
» Digital deposit account opening using electronic Know Your Customer (e-KYC) technology for identity verification is expected to be rolled out this year, enabling consumers and the unbanked easier access to financial services, according to a senior official at the Bank of Thailand.