Showing 1 - 10 of 12
The effort to clamp down on scams
Business, Somruedi Banchongduang, Published on 19/09/2024
» Wiroj Lakkhanaadisorn, a People's Party list MP, recently slammed the Bank of Thailand governor for his slow action in tackling rampant call centre scams.
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 hesitate in rush to cashless era
Business, Somruedi Banchongduang, Published on 12/04/2023
» The banking industry's push to discourage the use of cash led some to believe it was a good idea to charge fees for cash transactions and suspend cardless money withdrawals at ATMs.
Mobile banking security rules toughened
Business, Somruedi Banchongduang, Published on 10/03/2023
» Biometric scans will be required for high-value mobile banking transactions as part of measures to protect consumers from cyber-risks, according to the Bank of Thailand.
Higher spending boosts recovery
Business, Somruedi Banchongduang, Published on 01/04/2021
» The economy gradually recovered in February, mainly supported by higher private consumption and a slower spread of Covid-19.
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.
Central bank allays NPL concerns
Business, Somruedi Banchongduang, Published on 01/07/2020
» The banking industry's bad loans are seen climbing higher for the remaining period of the year, but the central bank is giving assurances that commercial banks' capital buffer is strong enough to tolerate rising non-performing loans (NPLs) if the economy shrinks 8.1% this year.
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.
BoT more amenable but still leery of Libra landing
Business, Somruedi Banchongduang, Published on 19/07/2019
» Bank of Thailand governor Veerathai Santiprabhob has toned down his hostility towards Facebook's digital currency plan, but he said prudent study of both the benefits and risks of the virtual coin is still needed.
Digital payments on the rise
Business, Somruedi Banchongduang, Published on 15/02/2019
» The country's adoption of digital payments has recorded significant progress, up 83% in 2018 from 2016, while fund transfers through traditional channels -- branches and ATMs -- sank by a double-digit percentage.