Showing 31 - 40 of 98
BoT orders stress tests from banks
Business, Published on 23/06/2020
» The Bank of Thailand is requiring commercial banks to run a new round of stress tests that takes the pandemic's impact into account and report the results next month, while strengthening capital buffers will be discussed in case the outcome shows capital adequacy ratios (CAR) are below 11.5%.
Edge of a dilemma
Business, Published on 01/06/2020
» To cut or not to cut is the puzzle facing economists and analysts deciphering the Bank of Thailand's interest rate decision-making, with pandemic pressures presenting the possibility of a zero policy interest rate.
KBank preps B500m for struggling operators
Business, Published on 17/04/2020
» Kasikornbank (KBank) has prepared total budget worth 500 million baht to help business operators nationwide retain workers over the next six months.
Avoiding a debt meltdown
Business, Published on 13/04/2020
» With a recession creeping on the horizon as business activity and the economy as a whole are ravaged by the coronavirus pandemic, financial authorities have coordinated their efforts to launch a raft of relief measures for those under strain.
BoT: Banks can handle virus impact
Business, Published on 02/04/2020
» Thailand's banking sector is strong enough to cushion against a potential upsurge in bad debt and debt restructuring cases stemming from the coronavirus outbreak and official measures to contain the spread, says a senior official at the Bank of Thailand.
BoT demands all banks provide 7 key services
Business, Published on 19/03/2020
» The Bank of Thailand has demanded all financial institutions continue providing seven financial services, including deposits, money withdrawals, fund transfers, payments, cash management and settlement systems, in an effort to avoid potential coronavirus-related disruption.
FPO: January results mixed
Business, Published on 28/02/2020
» Thai economic data were mixed in January, with growth in private consumption and exports but tepid investment, while the impact of the coronavirus outbreak could be seen starting late last month, says a senior official at the Fiscal Policy Office (FPO).
BoT chief: Looser monetary policy viable as GDP crutch
Business, Published on 07/02/2020
» The Bank of Thailand still has monetary policy space to support the country's economic growth if necessary, its chief says.
GSB, GH Bank and SCB pass on BoT cuts for lending rates
Business, Published on 07/02/2020
» Two state-backed banks -- Government Savings Bank (GSB) and GH Bank -- and Siam Commercial Bank (SCB) have hopped on the rate-cutting bandwagon by trimming their lending rates, effective from Friday.
Baht's moves dodge US watch list
Business, Published on 15/01/2020
» Thailand again managed to avoid placement on the US watch list for currency manipulation, while the Bank of Thailand affirmed that steps have been taken to curb the baht's gain with an almost US$80-billion increase in foreign reserves over the past five years.