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BoT reports rampant spread of financial crimes

BANGKOK, 30 July 2009 (NNT) – The Bank of Thailand (BoT) and the Ministry of Information and Communication Technology will cooperate in combating illegal loans being issued via SMS. Legal…

SCB affirms it is ready to extend loans to the industrial sector

BANGKOK, July 29 (TNA) – Siam Commercial Bank (SCB), Thailand’s largest bank in terms of market capitalisation, affirms it is ready to extend loans to the industrial sector. Shrugging off…

Central bank to more actively oversee good governance

BANGKOK, July 29 (TNA) – Bank of Thailand (BoT) deputy governor Bandid Nijathaworn on Tuesday revealed the central bank will play a more active role in supervising the corporate good…

No speculation on baht, says Thai central bank

BANGKOK, July 28 (TNA) – Bank of Thailand (BoT) Governor Tarisa Watanagase on Monday indicated that no speculation on the baht had been found although the currency had strengthened in…

sets loan target at 28 billion baht for 2009 :EXIM BANK

BANGKOK, 27 July 2009 (NNT) – The President of Export-Import Bank of Thailand (EXIM BANK), Mr. Apichai Boontherawara, revealed his bank had set its loan target for the whole year…

SME Bank increases maximum rate of loan for entrepreneurs

BANGKOK, 26 July 2009 (NNT) – The Small and Medium Enterprises Development Bank of Thailand (SME Bank) has resolved to raise the maximum rate of SME loans to 500 million…

Influenza A (H1N1) outbreak had affected the 2009 GDP forecast

BANGKOK, 20 July 2009 (NNT) – Governor of the Bank of Thailand (BOT) Tarisa Watanagase admitted that the influenza A (H1N1) outbreak had affected the 2009 Gross Domestic Product (GDP)…

GSBank, commercial banks to roll out soft loans to prop up SMEs

BANGKOK, 18 July 2009 (NNT) – The Finance Ministry is about to roll out soft loans worth 50 billion baht through the Government Savings Bank (GSBank) and other local commercial…

thai central bank was unconcerned over significant numbers of withdrawals

BANGKOK, July 17 (TNA) – Bank of Thailand (BoT) Assistant Governor Paiboon Kittisrikangwan on Thursday said the central bank was unconcerned over significant numbers of withdrawals from commercial banks to…

Thai central bank maintains policy interest rate at 1.25%

BANGKOK, July 15 (TNA) — The Bank of Thailand (BoT) Monetary Policy Committee on Wednesday maintained its key interest rate at 1.25 per cent for a second time, saying that…