Showing 1-10 of 25 results
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BoT paves path for legal stablecoin
Business, Somruedi Banchongduang, Published on 20/03/2021
» The Bank of Thailand is open to legal digital currencies and plans to issue a consultation paper on stablecoins within the first half of this year.
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Derivatives buys signal receptiveness to THOR
Business, Somruedi Banchongduang, Published on 16/09/2020
» Several banks have been involved in the derivatives market based on the Thai Overnight Repurchase Rate (THOR), accounting for a total value of 8.3 billion baht, a positive sign encouraging the country's new reference rate.
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BoT issuing THOR bonds next year
Business, Somruedi Banchongduang, Published on 11/09/2020
» The Bank of Thailand plans to issue new bonds based on the Thai Overnight Repurchase Rate (THOR) next year, aiming to encourage the use of the new reference rate after the upcoming phase-out of the London Interbank Offered Rate (LIBOR).
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Big data analytics eyed for lending
Business, Somruedi Banchongduang, Published on 19/05/2018
» Krungsri Consumer, the unsecured lending arm of Bank of Ayudhya (BAY), plans to discuss the use of big data analytics to scrutinise loan applications of self-employed workers with the Bank of Thailand.
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The dawn of digital banking
Spectrum, Somruedi Banchongduang, Published on 22/04/2018
» When out at any shopping mall, it's common for consumers to use anything from credit cards to e-wallets when making purchases nowadays. But when it comes to traditional markets, or talat nat, found faraway from these commercial venues, it's only been recently that one can catch sight of these types of transactions taking place.
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Patchara in as KBank president
Business, Somruedi Banchongduang, Published on 06/04/2018
» Kasikornbank's board of directors has appointed insider Patchara Samalapa as KBank's new president, effective from April 4, giving the bank four presidents at once, according to a statement released yesterday.
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Krungthai Card offers iris-based app
Business, Somruedi Banchongduang, Published on 11/10/2017
» Krungthai Card (KTC) is introducing what it claims is the country's first iris-based mobile application to offer customers higher security and simplicity.
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MasterCard: 'Selfie pay' coming soon
Business, Somruedi Banchongduang, Published on 17/11/2016
» NEW YORK/ST LOUIS: MasterCard plans to commercially launch "selfie pay" in Asia-Pacific markets next year in an effort to improve identity verification, security and convenience for online payments.
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Businesses urged to hedge baht in face of volatility
Business, Somruedi Banchongduang, Published on 06/09/2016
» Business leaders have expressed concerns that the rapidly appreciating baht could dampen exports and suggest business operators hedge foreign exchange risks.
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Currency hedging all the rage
Business, Somruedi Banchongduang, Published on 06/07/2016
» Demand for foreign currency hedging is increasing, in particular for the US dollar and Japanese yen thanks to their rising strength, after Britain's vote to leave the EU, says a high-ranking executive at Bank of Ayudhya (BAY).
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