Banking & Finance

Banking & Finance: Latest news and opinions about financial and banking industry with a focus on developments in Thailand. It also includes news from all around the world.

Finance Ministry plans ESG-linked LTF to boost investor confidence

TUESDAY, FEBRUARY 11, 2025

Ministry developing plans to establish a 180-billion-baht long-term equity fund

Lao, Thai banks launch international partnership.

MONDAY, FEBRUARY 10, 2025

The Agricultural Promotion Bank (APB) and the Bank of Agriculture and Agriculture Cooperatives (BAAC) have launched a money transfer service between Thailand and Laos to assist Lao nationals working in Thailand.

Bank of Thailand tightens security for mobile banking

February 10, 2025

BOT notes higher risks from increasingly sophisticated cyberthreats and financial fraud

Pichai nominates new BOT board chairman after Kittiratt’s disqualification

February 10, 2025

Deputy PM and Finance Minister Pichai Chunhavajira has nominated a former Finance Ministry permanent secretary as the new chairman of the Bank of Thailand’s board

Thaksin: Candidate for BOT chairman to be announced in two days

February 09, 2025

Former PM Thaksin Shinawatra said the Finance Minister is expected to announce the nominee for the Bank of Thailand chairman within two days. The selection process has been delayed after a previous nominee was disqualified,

PM orders preparations to host major World Bank-IMF meeting, showcasing Thailand

February 03, 2025

Prime Minister Paetongtarn Shinawatra chaired a meeting at Government House on Monday (February 3) with the National Committee to prepare for the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group.

Bank of Thailand cracks down on illegal loan apps

February 01, 2025

Central bank asks Ministry of Digital Economy and Society to shut down rogue apps

Bank of Thailand gets tougher on mule accounts with new rules

January 30, 2025

Beginning Jan 31, financial institutions prohibited from processing transactions to or from suspected mule accounts

DES Ministry asks BOT to investigate 11 unlicensed loan apps

January 29, 2025

The DES Ministry has asked the Bank of Thailand to investigate 11 unlicensed loan apps on Google Play Store, with action to be taken against offenders.

TTB readies THB21 billion for share buyback over three years

January 29, 2025

First phase of bank’s share buyback, which aims to create added value for shareholders, scheduled to run from February 3 to August 1

Feb 7 deadline for nomination of candidates for new BOT chairman

January 25, 2025

Process recently reverted to initial step, requiring nominations from permanent secretary of Ministry of Finance and BOT governor

Thai banks flourish in 2024 with double-digit profit growth

January 22, 2025

Top 10 commercial banks report combined net profit of nearly 250 billion baht as debt crisis begins to subside

Govt settles over 50,000 loan shark cases worth 1.8 billion baht

January 18, 2025

Government’s banks have been running special campaigns to help debtors saddled with illegally high interest rates

ASEAN expected to be a major beneficiary from global turbulence

January 17, 2025

Thailand entering transformative phase amid decade-high investments exceeding THB1 trillion, says Bangkok Bank exec

Thai banks load cash for expected Chinese New Year rush

January 15, 2025

The BOT has prepared various denominations totalling THB100 billion