Showing 1 - 10 of 21
Virtual bank rules clarified
Business, Somruedi Banchongduang, Published on 24/04/2026
» The Bank of Thailand is allowing virtual bank applicants to adopt various approaches to comply with regulatory requirements that aim to prevent conflicts of interest among affiliated businesses.
New baht banknotes scarce ahead of Chinese New Year
Business, Somruedi Banchongduang, Published on 27/01/2025
» Demand for newly printed banknotes has surged in the run-up to the Chinese New Year festival, resulting in a shortage of fresh notes.
BoT okays 3 virtual bank licences
Somruedi Banchongduang, Published on 20/07/2023
» The Bank of Thailand has decided to grant only three virtual bank licences initially, saying the number is suitable to ensure stability of the local financial market and protect depositors from risk associated with new businesses.
Exploring efforts to ease dollar volatility
Business, Somruedi Banchongduang, Published on 24/05/2023
» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.
Ttb eyes transition to cashless branches
Business, Somruedi Banchongduang, Published on 16/03/2023
» TMBThanachart Bank (ttb) plans to transition some of its traditional branches to paperless and cashless outlets in an effort to increase its digital banking user base by 30% this year.
Cardless deposits banned at kiosks
Business, Somruedi Banchongduang, Published on 19/10/2022
» Depositors will only be able to use plastic cards at cash deposit machines (CDMs) under the Anti-Money Laundering Office's (Amlo) new regulations.
MPC expected to keep policy rate at 0.5%
Business, Somruedi Banchongduang, Published on 21/03/2022
» The Bank of Thailand's Monetary Policy Committee (MPC) is expected to keep its policy rate at the historically low level of 0.5% throughout this year to maintain economic momentum, according to economists.
BBL adds withdrawals to 7-Eleven
Business, Somruedi Banchongduang, Published on 16/03/2021
» Bangkok Bank (BBL) has expanded its money withdrawal service at 7-Eleven convenience stores, offering greater convenience to consumers in remote areas.
Digital banking surges in sea change
Business, Somruedi Banchongduang, Published on 14/04/2020
» The pandemic has ravaged businesses and forced social distancing, spiking demand for remote and digital services as well as online banking.
SCB Easy gains 10,000 new accounts in 3 days
Business, Somruedi Banchongduang, Published on 08/04/2020
» Social distancing to contain coronavirus spread and the government's cash handouts to help Thais are giving a boost to online banking, with more than 10,000 new customers opening accounts through Siam Commercial Bank's mobile banking app SCB Easy in three days.