Showing 1-10 of 32 results
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SCB chief spurns ministerial post
Business, Somruedi Banchongduang, Published on 25/07/2023
» Arthid Nanthawithaya, chief executive of SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), said he would reject the post of finance minister in the incoming government if he were to be offered it.
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BBL reduces lending rate
Business, Somruedi Banchongduang, Published on 27/04/2024
» Bangkok Bank (BBL), the country's largest lender by total assets, is cutting its minimum retail rate (MRR) by 25 basis points for six months, starting on April 29.
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Banks agree to reduce loan rates
Business, Somruedi Banchongduang, Published on 26/04/2024
» Thai banks are set to cut the minimum retail rate (MRR) by 25 basis points for a period of six months, aiming to alleviate the debt burden for vulnerable customers in response to the prime minister asking lenders to lower interest rates for vulnerable groups and small businesses.
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Central bank urges banks to help vulnerable
Business, Somruedi Banchongduang, Published on 25/04/2024
» The Bank of Thailand (BoT) is allowing commercial banks to adapt their business models to help vulnerable customers, in response to the prime minister's directive urging large local banks to lower lending interest rates for vulnerable groups and small businesses.
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Bank of Thailand comfortable with current interest rates
Business, Somruedi Banchongduang, Published on 16/01/2024
» The Bank of Thailand (BoT) says the existing policy rate remains appropriate for economic recovery, while inflation is projected to stay within the target range.
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Pundits predict BoT rate cut in H2
Business, Somruedi Banchongduang, Published on 09/01/2024
» Economists predict the Bank of Thailand (BoT) will start to cut its policy rate in the second half to 2% in line with the country's economic situation and based on the assumption of a United States Federal Reserve (Fed) policy rate cut in the second quarter.
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Post forum tackles banking digitisation
News, Somruedi Banchongduang, Published on 03/10/2023
» Digitisation would catalyse Thai economic growth and increase efficiency in the banking sector, says chief of Citibank Thailand.
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Governor says BoT poised to handle baht volatility
Business, Somruedi Banchongduang, Published on 05/10/2023
» The Bank of Thailand is ready to handle baht volatility if fluctuations exceed the country's economic fundamentals, says the central bank's chief.
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Central bank chief prepares for meeting with Srettha
Business, Somruedi Banchongduang, Published on 30/09/2023
» The Bank of Thailand governor is ready to meet the prime minister following the central bank's policy rate hike and its decision to cut the GDP forecast for 2023.
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Baht expected to continue its slide
Business, Somruedi Banchongduang, Published on 22/09/2023
» Economists are warning the baht will weaken further throughout this month and next because of higher volatility in money and capital markets worldwide after the US Federal Reserve's hawkish comments about its benchmark interest rate.
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