Six commercial banks have set aside a combined reserve of over 127 billion baht in preparation for this year’s Songkran festival.

It only brought limited property damage and business disruption to Thailand, Moody’s said. Banks in Thailand are not expected ...

Two leading research centres expect the recent earthquake to result in economic losses of 20-30 billion baht in Thailand over the coming months.Yunyong Thaicharoen, chief economist at the SCB Economic ...

Krungthai Bank has announced the temporary closure of 23 branches from Wednesday to assess damage caused by the recent earthquake.

BANGKOK: All eyes in the Thai banking industry are on the merger talks between the state-owned Krungthai Bank (KTB) and TMBThanachart Bank (TTB). When finalised, the deal will create a new ...

[BANGKOK, JAKARTA] The Bank of Thailand (BOT), which has long resisted interest-rate cuts despite immense political pressure, may end up having to embark on the region’s most aggressive easing cycle ...

BOT highlights that resolving household debt must not create incentives for reckless borrowing or undermine financial stability. BANGKOK, Thailand – The Bank of Thailand (BOT) has expressed the ...

(Bloomberg) — Gulf Energy Development Pcl, controlled by Thailand’s richest man Sarath Ratanavadi, has built up a stake worth $370 million in commercial lender Kasikornbank Pcl. Gulf Energy’s holding ...

(Bloomberg) -- Bank of Thailand will relax some mortgage rules to revive the slumping property sector amid weak demand and oversupply. Lenders will be able to offer a loan amounting to 100% of the ...

The Bank of Thailand is relaxing loan-to-value (LTV) rules to support the slumping property market, saying the change will not significantly increase risks to financial stability. Under the new ...