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BoT: 2010 GDP to be 3.3-5.5%

BANGKOK, 30 October 2009 (NNT) – The Bank of Thailand (BoT) estimates that Thailand’s 2010 GDP will expand at 3.3-3.5% while expressing concern over political instability and the suspension of…

Siam Commercial Bank still stays in healthy financial status in 3rd quarter 2009

BANGKOK, 26 October 2009 (NNT) – The Bank of Thailand (BoT) says that Siam Commercial Bank’s turnover in the 3rd quarter 2009 goes against the global economic slump due to…

2nd lot of Strong Thailand bonds to be sold next year

BANGKOK, 23 October 2009 (NNT) – The Ministry of Finance prepares to issue the 2nd lot of government savings bonds under the economic stimulus Strong Thailand Scheme. Public Debt Management…

Central bank keeps policy interest rate unchanged

BANGKOK, Oct 22 (TNA) – Bank of Thailand (BoT) Assistant Governor Paiboon Kittisrikangwon on Wednesday revealed that the Monetary Policy Committee agreed to keep Thailand’s policy interest rate unchanged at…

Unnecessary to inject more money into system

BANGKOK, Oct 22 (TNA) – Finance Minister Korn Chatikavanij on Wednesday indicated the government need not inject more money into the economic system for 2010 because the expenditure budget and…

Thai banks enjoy higher net profits in Q3

BANGKOK, Oct 21 (TNA) – All domestic commercial banks in Thailand excepting Siam City Bank enjoyed combined net profits in the third quarter of this year of Bt22.9 billion, up…

Banks warned not to apply ‘blacklist’ to loan applications

BANGKOK, Oct 20 (TNA) – The Bank of Thailand (BoT) has warned commercial banks not to automatically reject loan applications by claiming that customers are blacklisted by the Credit Bureau.…

BFIIA to defeat bank frauds

BANGKOK, 19 October 2009 (NNT) – Bank& Financial Institution Internal Auditors Club (BFIIA) will hold a discussion with financial institutions and it partners in early December to overcome bank frauds.…

Finance Minister believes Thai Stock Exchange is getting back to normal

Bangkok, 17 October 2009 (NNT)-Minister of Finance believed that The Stock Exchange of Thailand (SET) next week will return to a normal state. Mr. Korn Chatikavanij, Minister of Finance talked…

SME Bank release loans worth Bt6,200 mn to local tourism businesses

BANGKOK, 15 October 2009 (NNT) – SME Bank reveals that it has released approximately 6,200 million baht worth of loan for tourism businesses. Mr. Wichaya Withitham, SME Bank Board Spokesperson…