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Krung Thai Bank urged to re-define its roles

ANGKOK, 21 September 2009 (NNT) – Krung Thai Bank has been urged to make clear its role in an effort to direct the bank to better performance in accordance with…

BOT gives nods to local banks to run microfinance

BANGKOK, 15 September 2009 (NNT) – The Bank of Thailand (BOT) has eased tough regulations to allow local commercial banks to run their own micro finance in an effort to…

Thai central bank reaffirms competence to oversee baht

BANGKOK, Sept 9 (TNA) – Bank of Thailand (BoT) Assistant Governor Suchada Kirakul on Tuesday affirmed that the central bank is still in a position to oversee the baht to…

Aim for more productive capacity, rely less on exporting

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…

Bangkok Bank: Thai economy starts U-shape recovery

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…

BOT’s economic data to not affect SET50 Futures

BANGKOK, 31 August 2009 (NNT) – The SET50 Index Futures is not expected to be affected by the Bank of Thailand (BOT)’s announcement of economic data today. Thailand’s central bank…

Finance Ministry to issue more bonds in Oct-Nov

BANGKOK, 31 August 2009 (NNT) – The Ministry of Finance weighed issuing the second lot of bonds sometimes between October and November this year. The Public Debt Management’s Deputy Director-general…

Banks to maintain interest rate till year end

BANGKOK, 26 August 2009 (NNT) – Banks will not increase interest rates at this moment, but an adjustment can be made by the end of the year if loans expand…

TMB Bank launches 2-year-term deposit offering actual interest even premature withdrawal

BANGKOK, 25 August 2009 (NNT) – TMB Bank launches a two-year-term deposit product, which still offers interest rates as usual, even when depositors withdraw money before the deposit’s maturity. TMB…

SMEs urged to pay greater attention to forex risk management

PATTAYA, Aug 20 (TNA) – Small- and medium-size enterprises (SMEs) should pay greater attention to managing their currency exchange risks, according to the Bank of Thailand (BoT). Speaking at a…