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Additional banks declared closed during UDD rally

BANGKOK, 14 March 2010 (NNT) – Commercial banks have requested temporary suspension of their operations at 17 branches located in Bangkok from 15 March onwards owing to the mass rally…

Security, cash reserves of banks well-prepared

BANGKOK, 12 March 2010 (NNT) – Commercial Banks have prepared security measures and adequate cash reserves upon the mass demonstration of the anti-government United Front of Democracy Against Dictatorship (UDD).…

Bangkok Bank foresees 4-5% econ expansion

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…

Bank of Thailand keeps interest unchanged at 1.25%

BANGKOK, March 10 (TNA) –  The Bank of Thailand (BoT) on Wednesday decided to maintain its policy interest rate at 1.25 per cent per annum and will consider adjusting it…

Bankers permitted to halt ATM, close bank branches in emergency

BANGKOK, Mar 9 (TNA) – The management of Thailand’s commercial banks are permitted to instruct an immediate halt to ATM services or the operations of bank branches in risk-prone areas…

BAAC ready to help farmers suffering from drought

ANGKOK, 8 March 2010 (NNT) – The state-run Bank for Agriculture and Agricultural Cooperatives (BAAC) is ready to help farmers from the drought crisis by issuing loans and moving forward…

Exim Bank to expand loans and services for investment abroad

BANGKOK, 6 March 2010 (NNT) – Export-Import Bank of Thailand or EXIM Bank is ready for loan issuance and information services to support Thai investment abroad particularly in the Mekong…

EXIM´s loans given to Myanmar to be reconsidered

BANGKOK, 3 March 2010 (NNT) – The Finance Ministry and the Export-Import Bank of Thailand (EXIM) will work together to review the conditions of loans given to Myanmar. There will…

GH Bank offers express housing loans before tax stimulus expires

BANGKOK, 3 March 2010 (NNT) – The Government Housing Bank is offering a special express loan package before the tax stimulus for real estate expires at the end of March.…

SCB awaits court orders to proceed with the asset seizure

BANGKOK, 27 February 2010 (NNT) — As the main bank that services the accounts and investment unit of the assets involved in the court confiscation of the 43.6 billion THB,…