Banking and financial services

Banking and financial services policy and regulation

Cyber scams: Top bankers unite to battle rise in financial crime

The central bank, commercial banks and state-run financial institutions are joining forces to fight online criminals preying on bank customers, officials and executives told a press conference on Friday.Senior officials from the Bank of Thailand (BOT), the Thai Bankers’ Association (TBA), and the Government Financial ...

The Nation Reporter

Central bank turns to biometrics to battle online scams

The Bank of Thailand has joined the fight against online crimes by instructing financial institutions to step up their preventive measures, including a requirement for biometric verification for mobile banking transactions, its governor, Sethaput Suthiwartnarueput, said on Thursday.Bank customers who want to transfer more than ...

The Nation Reporter

SCB preps with long-term debt rejig

Siam Commercial Bank (SCB) has prepared long-term debt restructuring for customers to help them survive the prolonged Covid-19 pandemic, in line with the central bank’s requirement.SCB expects applicants for debt relief measures in 2022 to have 500 billion baht in debt outstanding, up from the ...

Somruedi Banchongduang

Debt restructuring to be extended

Debt restructuring periods offered to borrowers affected by the pandemic could be extended to more than 10 years, says Thai Bankers’ Association (TBA) chairman Payong Srivanich.The Bank of Thailand, in collaboration with the TBA, recently implemented additional debt assistance measures to provide sustainable aid to ...

Somruedi Banchongduang

Banks never told to slash debts, says central bank

The Bank of Thailand (BOT) announced on Monday that it had not instructed commercial banks and financial institutions to slash the amount owed by debtors, but to instead restructure debts.BOT issued the statement after the Thai Bankers Association (TBA) voiced concerns over a circular issued ...

The Nation Reporter

BoT gearing up for digital currency tests

The Bank of Thailand says it will begin testing use of its retail digital currency for the general public in the second quarter of next year before fully implementing it over the next three to five years.The retail central bank digital currency (retail CBDC) is ...

BoT developing digital currency for the public [Video]

The Bank of Thailand (BoT) has acknowledged the benefits of digital and crypto currencies and has begun developing a digital currency for the Thai public.Keep watching ...

Home loan help for lower earners

More than half of this year’s new housing loan target of 215 billion baht will be provided with low interest rates to help low-income earners to purchase their own homes, says GH Bank.State-owned GH Bank plans to offer low-interest housing loans to low-income earners under ...

Wichit Chantanusornsiri

BoT studies warehousing concept

The Bank of Thailand has been studying a warehousing concept that allows commercial banks to sell commercial loans parked in funds of asset management companies at prices acceptable to both the creditor and borrower.Given the difficulties amid the Covid-19 crisis, some businesses have had to ...

Somruedi Banchongduang

Bank of Thailand leaves policy rate unchanged

At a meeting on Wednesday, the Bank of Thailand’s Monetary Policy Committee (MPC) voted unanimously to maintain the policy rate at 0.5 per cent to support economic recovery, while placing emphasis on more targeted measures, MPC secretary Titanun Mallikamas said.The committee believes that despite the ...

The Nation Reporter

Contact us

Contact us

Do you have questions on the content published by Open Development Thailand? We will gladly help you.

Have you found a technical problem or issue on the Open Development Thailand website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Thailand website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted

Disclaimer: Open Development Thailand will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!