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BoT urges commercial bankers into corporate social responsibility

BANGKOK, July 14 (TNA) – The Bank of Thailand (BoT) is encouraging Thailand’s commercial banks to join together in setting up a Corporate Social Responsibility (CSR) Association so that they…

SME Bank to lend Bt6 billion during third quarter

BANGKOK, July 12 (TNA) — In an attempt to assist cash-strapped operators of small- and medium-sized enterprises (SMEs), the Thai Industry Ministry will cooperate with the SME Bank to lend…

SCB maintains loan growth at 3-5%

BANGKOK, 10 July 2009 (NNT) – Mrs Kannikar Chalitarporn, the Managing Director of Siam Commercial Bank Public Company Limited (SCB), said her bank still maintained the loan target for the…

Financial institutions to issue commercial credit cards for non-juristic SMEs

BANGKOK, July 7 (TNA) — In an attempt to enable cash-strapped small- and medium-sized enterprises (SMEs) to pay for their purchases of goods and services, the Bank of Thailand (BoT)…

SCIB ready to roll out bonds on 13 July

BANGKOK, 7 July 2009 (NNT) – Siam City Bank Public Company Limited (SCIB)’s President Chaiwat Uthaiwan informed that his bank was about to launch a lot of saving bonds under…

BOT: NPL size in May remains stable at 5.5%

BANGKOK, 6 July 2009 (NNT) – The Bank of Thailand (BOT) reported local commercial banks’ proportion of non-performing loans (NPLs) against total debts in May remained stable at 5.5 percent…

BoT: Economic trends to improve; Business confidence index to rise

BANGKOK, June 30 (TNA) – Thailand’s economy is expected to have hit bottom and the business confidence index is projected to increase to 50.2 in the next three months, its…

New savings bonds won’t affect liquidity, says BoT

BANGKOK, June 27 (TNA) – The government’s plan to issue its first batch of savings bonds – an issue valued at Bt 50 billion — will neither fuel rising interest…

50-bn-Baht govt bond to be offered July13-21

BAGNKOK, 25 June 2009 (NNT) – The Finance Ministry will start selling the first batch of 50 billion baht saving bonds from July 13 to 21 with the average annual…

5 Korean bond funds offered this week

BANGKOK, 22 June 2009 (NNT) – Kasikorn Asset Management and Thanachart Fund offer five Korean bond funds to absorb 10 billion baht of liquidity. Executive Organization Strategy and Marketing Communication…