Wednesday August 12, 2020 19:40

THE BANK OF THAILAND Press Releases

Photo Release: EXIM Thailand Jointly Furnish SMEs Doing International Business with Knowledge on FX Risk Management Tools Stcoks—31 Jul 20

Mr. Chana Boonyachai (second right), Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), recently joined a seminar with Dr. Vachira Arromdee (center), Assistant Governor, Financial Markets Operations Group of the Bank of Thailand

Krungsri makes progress on BOT soft loan scheme, providing soft loans worth 9.3 billion baht to assist more than 4,500 SMEs to overcome COVID-19 crisis Stcoks—26 Jun 20

Krungsri(Bank of Ayudhya PCL) unveiled the latest progress in arranging soft loans for small and medium-sized enterprises (SMEs) affected by the outbreak of the 2019 coronavirus or COVID-19 through the soft loan scheme offered by the Bank of Thailand

Thai Bank Dividend Restrictions Part of Common Regulatory Playbook Stcoks—22 Jun 20

The Bank of Thailand's capital distribution restrictions announced on 19 June 2020, which follow similar responses from other regulators to the economic uncertainties caused by the coronavirus pandemic, provide further support to Thai banks' capital

EXIM Thailand Extends 2% Interest Soft Loan Scheme in Response to BOT Policy by Boosting Liquidity Stcoks—20 Apr 20

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), revealed that EXIM Thailand has responded to the policy of the Bank of Thailand (BOT) by providing new loans that are soft loans to SMEs having group’s credit

Krungsri Auto Expands Relief Measures for Customers Impacted by COVID-19 Stcoks—07 Apr 20

Krungsri Auto, a leader in automotive finance under Bank of Ayudhya PCL, announced that it has expanded assistance measures for auto finance customers who have been impacted by the spreading of COVID-19, in response to the Bank of Thailand’s

All banks have teamed in preparing to help customers withstand the COVID-19 Stcoks—23 Mar 20

The Thai Bankers’ Association and all of its members wish to assure their customers that assistance measures and financial supports are being made available. They have discussed the COVID-19 situation with the Bank of Thailand in order to ensure

CIMB THAI AUTO responds to BOT policy Announcing cancellation of debt collection Stcoks—30 Jan 20

Mr. Visit Phuengpornsawan, Managing Director of CIMB THAI AUTO, car loan service provider in the group of CIMB THAI Bank, responses to the policy of the Bank of Thailand by announced the cancellation of debt collection fees to help reduce the burden on

CIMB THAI Bank appoints Tan Keat Jin as a Head, Consumer Banking Events—08 Jan 20

CIMB Thai Bank stated that the bank has obtained approval from the Bank of Thailand for the appointment of Mr. Tan Keat Jin as Head, Consumer Banking of CIMB THAI Bank effective since 2 January 2020. Keat Jin, has over 22 years' experience in the areas

LianLian Group as the first Chinese enterprise successfully obtaining the Thailand Payment Licence Stcoks—15 Aug 19

On August 12, LianLian Group announced that, its subsidiary company "LianLian Pay Electronic Payment (Thailand) LTD." had officially obtained the "Payment Facilitator License" and "Payment Service Provider License" issued by the Bank of Thailand (BOT).

15 Thai commercial banks to jointly formulate practical guidelines for responsible Stcoks—13 Aug 19

In collaboration with 15 commercial banks, the Bank of Thailand will establish guidelines for responsible lending as part of their sustainable business operation. Thai banks are encouraged to lend based on environmental, social and governance (ESG)

Standard Chartered Bank Expects Bank of Thailand to Keep Policy Rate Unchanged in New Governments Stcoks—30 Jul 19

Standard Chartered Bank expects the Bank of Thailand (BoT) to keep its policy rate unchanged at 1.75% for the rest of 2019 while the policies of the new government and passage of the fiscal year 2020 budget will be in focus. "Thailand will continue to

KBank to launch service for opening of K-eSavings Account on K customers to verify their identity Stcoks—25 Jul 19

KASIKORNBANK (KBank) will soon debut its service for opening a K-eSavings Account on K PLUS, which is now in the Bank of Thailand's regulatory sandbox. The service will allow tech-savvy customers to open a K-eSavings account anywhere, anytime, with no

Photo Release: KBank showcases financial innovation of the future Stcoks—18 Jul 19

Mr. Veerathai Santiprabhob (center), Governor of the Bank of Thailand, and Mr. Predee Daochai (third from left) , KBank President, opened the KBank booth in the Bangkok FinTech Fair 2019, which showcases financial service and lifestyle of the future.

Thailands blockchaintowards full-scale of e-Letter of Guarantee Stcoks—29 May 19

A total of 22 Thai banks and foreign-bank branches have joined hands to build a full network of electronic Letter of Guarantee (e-LG) on blockchain via BCI (Thailand) Co., Ltd. with support of the Bank of Thailand (BOT). The first of its kind in the

Photo Release: Thai and international organizations join forces to upgrade Thailands blockchain BCI Stcoks—29 May 19

At the Bank of Thailand, Dr. Veerathai Santiprabhob, Bank of Thailand Governor, and Mr. Predee Daochai, Chairman of Thai Bankers' Association and Chairman of the Board of Directors of BCI (Thailand) Co., Ltd., together with other executives of various

Photo Release: EXIM Thailand Holds FX Risk Management Phase 2 e-Learning To Promote FX Risk Stcoks—24 Apr 19

Mr. Chana Boonyachai (left), Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), recently took a group photo with Ms. Vachira Arromdee (center), Assistant Governor, Financial Markets Operations Group of the Bank of Thailand (BOT),

Photo Release: Debtors welcome the amendment of debt clinic criteria by Stcoks—23 Apr 18

Mrs. Ruchukorn Siriyodhin (second from left), Deputy Governor, Financial Institutions Stability, the Bank of Thailand, Mrs. Pongpen Ruengvirayudh (second from right), Chairman, Sukhumvit Asset Management Co., Ltd, Mr. Predee Daochai (left), Chairman,

Photo Release: KTC gives a warm welcome to the Governor of the Bank of Thailand at the Bangkok Stcoks—26 Mar 18

Mr. Veerathai Santiprabhob, (Center left) Governor of Bank of Thailand, presided over and visited KTC's booth under the "Cardless Lifestyle, Make Life More Convenient" concept at "Bangkok FinTech Fair 2018," with a warm welcome by Mr. Virach Paisitsavet,

SCB Takes Initiative to Tap E-Marketplace Recruits SF as First Partner to Sell Movie Tickets via Stcoks—06 Mar 18

"Siam Commercial Bank" (SCB) answers to the Bank of Thailand's policy and becomes the first to officially provide an e-Marketplace platform. Highlighting "Happy Transaction" concept, it aims to create good feelings for SCB EASY users. In launching this

SawasdeeShop Taking Its First Step in International Money Transfer Service Industry by Launching Stcoks—12 Feb 18

SawasdeeShop, a licensed telecom provider, is marking its first step into the international money transfer service industry by launching "DeeMoney," licensed by the Bank of Thailand. DeeMoney will be providing money transfer to more than 17 countries as

Photo Release: SCB promotes BOT policy by partnering with Sansiri to get rid of cross-bank bill Stcoks—28 Nov 17

Siam Commercial Bank is collaborating with Sansiri PCL to promote the Bank of Thailand's policy to expand business PromptPay through cross-bank bill payment service. Aiming to accommodate and offer special privileges for Sansiri customers, the service

Photo Release: Bangkok Bank gets green light from Bank of Thailand for nationwide QR Code payments Stcoks—15 Nov 17

Bangkok Bank Executive Vice President Prassanee Ouiyamaphan is pleased the bank has received approval from the Bank of Thailand to exit the regulatory sandbox and offer QR Code payments to the public, as the bank is ready to provide services in line with

Photo Release: SCB to secure beachhead in QR code payment with launch of #SCB EASY PAY Mae Manee Stcoks—09 Nov 17

SCB continues to oil the wheels of the national e-payment scheme as a vehicle destined for cashless society by bringing real-life experiences to people inregulatory sandbox of the Bank of Thailand (BoT). With today's launch of 'SCB EASY PAY – Mae

Photo Release: EXIM Thailand, Ministry of Industry, OSMEP, BOT and Thai Bankers Association Jointly Stcoks—03 Oct 17

Mr. Pisit Serewiwattana (4th right), President of Export-Import Bank of Thailand (EXIM Thailand), together with Dr. Veerathai Santiprabhob (4th left), Governor of the Bank of Thailand (BOT), Mr. Predee Daochai (3rd right), Chairman of The Thai Bankers'

Photo Release: Thai Bankers Association launches TB-CERT Stcoks—02 Oct 17

Mr. Veerathai Santipraphob, 2nd left, Governor of the Bank of Thailand, Mr. Predee Daochai, 2nd right, Chairman of the Thai Bankers' Association (TBA), Mrs. Surangkana Wayuparb, left, Executive Director of the Electronic Transactions Development Agency

THAILANDS ECONOMIC GROWTH SET TO ACCELERATE Stcoks—18 Sep 17

Solid growth in exports, combined with a gradual improvement in domestic demand, has prompted an upward revision of Thailand's economic outlook by the central bank. On July 5 the monetary policy committee of the Bank of Thailand (BOT) announced it was

Photo Release: SCB and TrueMoney expand public access to Thailand#s National e-payment system by Stcoks—15 Sep 17

Siam Commercial Bank in cooperative with TrueMoney Co., Ltd., an electronic payment service provider, to raise e-payment service standards to a higher level with the new "PromptPay Topup" feature.Responding to the Bank of Thailand's move to enhance

Photo Release: KBank cooperates in using standardized QR Code for payments Stcoks—05 Sep 17

At a press conference on cooperation to use standardized QR Code for payments held at the Bank of Thailand (BOT) recently, Mr. Veerathai Santiprabhob (third from right), BOT Governor, visited KBank's simulated store, which showcased K PLUS SHOP app - the

Thailands inaugural SOEs Bond e-Bidding : BAAC as a Pilot project Stcoks—07 Feb 17

Mr. Suwit Rojanavanich, Director General of the Public Debt Management Office, announced that the Ministry of Finance, Bank of Agriculture and Agricultural Cooperatives (BAAC) and the Bank of Thailand (BOT) will launch the SOEs electronic bidding

Bank of Thailand Watch Stability and development are themes for 2017 Stcoks—19 Dec 16

*The Bank of Thailand will likely keep its policy rate on hold on 21 December while any forecast changes will likely be inconsequential for the policy rate outlook *We lower our inflation forecasts for 2017 and 2018 given recent downward surprises and a