BANGKOK, 11 March 2010 (NNT) – Bangkok Bank says the Thai economy is likely to expand by 4-5% due to recovery, asking the Bank of Thailand (BoT) to adjust the policy interest rate in line with the national economy. Speaking about the direction of the Thai economy this year, Bangkok Bank President Chatsiri Sophonpanich forecast [...]
BANGKOK, 1 March 2010 (NNT) – Bangkok Bank will resume its normal operation tomorrow. A source today reported full security at the Bangkok Bank’s main Silom branch, which was recently attecked by a hand grenede. Fifty security officers have relaid shifts to prevent other unrest, while other branches across the country were instrusted to adopt [...]
BANGKOK, 4 September 2009 (NNT) – Kosit Panpiemras, Chairman of the Board of Executive Directors of Bangkok Bank, indicated that Thailand should no longer rely on export and suggested that private agencies develop their productive capacity instead of importing for their sustainable capacity. Mr. Kosit stated that the current economic crisis yielded more damage than [...]
BANGKOK, 3 September 2009 (NNT) – Bangkok Bank has estimated that in the last quarter, the country’s economy will start a U-curve recovery mainly resulting from increasing public investments. Executive Vice President and Director of Research Department, Bangkok Bank, Dr. Piyaphan Thayanithi revealed the estimation of the country’s expanding economy saying even though the economy [...]
BANGKOK, July 25 (TNA) — Kosit Panpiemras, Chairman of the Board of Executive Directors of Bangkok Bank, Thailand’s largest commercial bank, predicts that Thailand’s exports in 2009 would plunge more than 10 per cent, more than projection made by the Commerce Ministry. Mr. Kosit, a former finance minister and former deputy prime minister, said although [...]
BANGKOK, May 27 (TNA) – Thailand’s commercial banks still enjoy stable financial positions despite a likely move by Moody’s Investors Service to place the debt and deposit ratings of 11 domestic banks in Thailand on review for possible downgrade, but it will not affect them negatively, Bank of Thailand (BoT) deputy governor Atchana Waiquamdee said [...]
