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EXIM Bank targets 200mn THB in profit this year

BANGKOK, 10 February 2010 (NNT) – The Export-Import Bank of Thailand (EXIM Bank) targets to make a profit of 200 million THB this year, prompting it to expand loan amounts…

GSB not change its interest rate

BANGKOK, 9 February 2010 (NNT) – The Government Savings Bank (GSB) has voiced readiness to help solve the informal debt problem as assigned by the Ministry of Finance and manage…

BoT to collect regional economic data

BANGKOK, 6 February 2010 (NNT) – The Bank of Thailand (BoT) is going to send teams to local areas to collect economic data for an analysis of the Thai economy…

KBank expects 2 million more customers this year

BANGKOK, 4 February 2010 (NNT) – Kasikorn Bank targets to have 2 million more customers this year, ensuring that their traditional customer base would also be maintained amidst fiercer competition.…

BoT not worried by Feb inflation trend

BANGKOK, 3 February 2010 (NNT) – The Bank of Thailand (BoT) anticipates inflation in February to accelerate after the climbing prices of oil and agricultural products, but the rate will…

FTI backs BoT´s move to ease capital outflow control

BANGKOK, 2 February 2010 (NNT) – The Federation of Thai Industries (FTI) has agreed with the Bank of Thailand’s policy to stimulate capital outflow with an aim to weaken the…

BoT to encourage overseas investment and capital flow liberalisation

BANGKOK, Jan 29 (TNA) – The Bank of Thailand (BoT) is set to issue next week added measures to encourage private-sector investment abroad and liberalisation of capital flows. Delivering a…

BoT denies soap bubble economy in Thailand

BANGKOK, 28 January 2010 (NNT) – The Bank of Thailand (BoT) Governor, Tarisa Watanagase, ruled out signs of a possible soap bubble situation in Thailand today. Mrs Tarisa stated that…

SCB confident in business growth, economic recovery

BANGKOK, 27 January 2010 (NNT) – The Siam Commercial Bank (SCB) is confident with the potential of banks to have its total loan expanded by about 7-10% following the estimation…

Moody’s rates Thai banks’ credibility “stabilized”

BANGKOK, 26 January 2010 (NNT) – A leading global credit rating firm, Moody’s Investors Service, heightens the credibility evaluation of Thai commercial banks from “poor” to “stabilized,” indicating an improvement…