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 governance of financial institutions. By virtue of the Financial Institutions Business Act of 2008, he said, the bank would have the authority to establish the [...]
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 the past one or two days. She attributed the currency appreciation to foreign capital inflow and foreign investment in the Stock Exchange of Thailand (SET) [...]
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 invest in government savings bonds issued under the “Stronger Thai” scheme. He said the funds transfer in the banking system is considered normal, but conceded [...]
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 from the first quarter of 2009 following their write-off and continued efforts to sell off debts. The BOT’s Senior Director Nawaporn Maharagkaga added the banks’ [...]
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 [...]
