Showing 1 - 9 of 9
BoT clamps down on mule accounts
Business, Somruedi Banchongduang, Published on 31/01/2025
» The Bank of Thailand is tightening rules for financial transactions to control mule accounts and plans to extend stricter measures to include digital assets and e-wallets in the next phase.
BoT bans fees for consumer loans
Business, Somruedi Banchongduang, Published on 18/01/2024
» The Bank of Thailand is prohibiting fees for debt prepayment and debt restructuring for all consumer loan products under the new responsible lending (RL) regulation.
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.
CIMBT eyes hotels for uptick
Business, Somruedi Banchongduang, Published on 02/07/2021
» The research house of CIMB Thai Bank (CIMBT) forecasts Bangkok and the five surrounding provinces under the government's partial lockdown measures should reopen in August, while the Phuket sandbox scheme should help hotels on the island recover.
Bubble and seal step to hit economic activities
Business, Somruedi Banchongduang, Published on 01/07/2021
» The government's bubble and seal measure for one month to control Covid-19 infections among workers is likely to affect economic activities, says an executive at the Bank of Thailand (BoT).
BoT to consider dividend payments
Business, Somruedi Banchongduang, Published on 13/11/2020
» The Bank of Thailand plans to assess on a yearly basis whether to allow SET-listed financial institutions to undertake dividend payments and stock buybacks for 2021 and 2022.
BoT gauges dividend suspension decision
Business, Somruedi Banchongduang, Published on 18/08/2020
» The Bank of Thailand is assessing banks' stress tests and capital increase plans for the next two years before considering whether to relax the interim dividend payment suspension.
Credit card spending headed for 2020 decline
Business, Somruedi Banchongduang, Published on 13/08/2020
» Annual credit card spending is expected to contract this year because of the coronavirus crisis, particularly for outbound spending, due to the government's prohibition on cross-border travel.
Jailbroken phones slapped with ban
Business, Somruedi Banchongduang, Published on 21/12/2019
» Around 10,000 mobile phones that have been jailbroken or have outdated operating systems will be banned from making mobile banking transactions, starting from May 1, 2020, as part of the central bank's efforts to upgrade security for mobile banking.