"bank"

Central Bank of Myanmar Vice Governor Win Thaw said that within the past week, more than two hundred billion kyats were deposited in banks.

YANGON – Even before the 4 am curfew is over, a city resident rushed to the nearest ATM to withdraw cash. Already there were 20 people queuing ahead of him. 

Thailand’s PromptPay was linked with Singapore’s PayNow on Thursday, marking the world’s first bridge between national real-time payment systems.

“TMBThanachart Bank” or “TMBThanachart (ttb)” The name reinforces and harmonizes the strengths of the two banks to go forward and create a better ‘Financial Well-being’ for Thai people

To maintain continuous banking services as well as reduce the risk of spreading Covid-19, the Thai Bankers Association has released the following guidelines:

Close supervisory measures are being taken for ensuring systematic banking services and they are now available on a regular basis, the Central Bank of Myanmar announced on April 7.

Thailand’s financial sector could take as long as 10 years to fully embrace open banking due to a lack of necessary infrastructure, customer confidence to share data and collaboration between banks, PwC Thailand said.

Thai banks' operating environment remains challenging due to a slow economic recovery and continued downside risks from the fallout of the Covid-19 outbreak, Fitch Ratings said.

Although the Central Bank of Myanmar has instructed all banks to reopen on March 8, those in some regions could not have opened. 

HSBC Thailand today unveiled its new private banking business for high net worth and ultra-high net worth clients.

YANGON-----Myanmar Banks Association already instructed the private banks to close their banks temporarily due to poor Internet Connection.

Thai banks’ non-performing loans (NPLs) will rise significantly this year as Covid-19 continues to take a toll on the economy, experts say.