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Central bank prepares 283 bn THB in banknotes for Songkran

BANGKOK, 6 April 2010 (NNT) – The Bank of Thailand (BoT) has prepared banknotes worth 283.0 billion THB to meet with the public demand during the upcoming 2010 Thai traditional…

Krung Thai Bank to accelerate credit expansion

BANGKOK, 5 April 2010 (NNT) – Krung Thai Bank is to accelerate credit expansion for the large business projects, expecting 7% expansion if political situation remains normal. Krung Thai Bank…

Banks say rally will dampen investor confidence

BANGKOK, 1 April 2010 (NNT) – The banking sector has expressed concerns over the anti-government demonstrations which are likely to be prolonged. The continuation of the mass demonstrations by the…

Rallies not affect foreign investment climate

BANGKOK, 29 March 2010 (NNT) – The foreign investment climate in Thailand is still positive despite street-protests by the anti-government group, according to Bank of Thailand (BoT) Govenor Tarisa Watanagase.…

Central bank: Foreign capital continuing to flow into Thailand in larger amounts

BANGKOK, March 26 (TNA) – Bank of Thailand (BoT) Governor Tarisa Watanagase on Thursday projected that foreign capital would continue to flow into Asian countries including Thailand in a larger…

Rate hike depends on economic factors and inflation, says BoT

BANGKOK, Mar 25 (TNA) – Bank of Thailand (BoT) Governor Tarisa Watanagase on Wednesday announced a central bank decision by the Monetary Policy Committee on April 21 to raise the…

Finance Minister vows to boost foreigners’ confidence

BANGKOK, 22 March 2010 (NNT) – Finance Minister Korn Chatikavanij vows not to let the mass rally of the anti-government protestors ruin foreign investors’ confidence while he presides over a…

Banks not interested in solving informal debt

BANGKOK, 19 March 2010 (NNT) – The Bank of Thailand (BoT) has admitted that the majority of commercial banks have no interest in approving loans for grassroots projects in order…

More banks declared closed amid protests

BANGKOK, 17 March 2010 (NNT) – Nine branches of commercial banks have today requested temporary closure of their businesses for safety concerns due to the continued mass rallies of anti-government…

More banks closed amid mass protest

BANGKOK, 16 March 2010 (NNT) – Seven branches of commercial banks have today requested temporary suspension of their operations for safety concerns, according to the Bank of Thailand (BOT). Krung…