Browsing Tag

bank of thailand

149 posts
cyber online fraud

Bank of Thailand takes additional steps against online banking fraud

Banks must have a system in place that can detect suspicious transactions round-the-clock and notify any such transactions to the Anti-Money Laundering Office
bank of thailand

Bank of Thailand raises key rate from 1.25 to 1.5%

The Thai economy will continue to gain traction with continued recovery in tourism and private consumption thanks to the return of Chinese tourists
cbdc

Fintech sector boosts inclusion and liquidity in emerging markets

Driven by a decline in cash payments during the Covid-19 pandemic, digital payments skyrocketed in line with the growth in e-commerce, as the financial technology (fintech) sector expanded to provide consumers with a wider variety of payment options.
southeast asias digital payments

Krungthai Bank to Partner with AIS on Virtual Bank Investment

Currently, financial institutions are waiting for the Bank of Thailand to issue virtual bank regulations, which are likely to be announced soon
baht reu e1485344831245

High level of household debt could disrupt economic recovery

Thailand’s household debt to gross domestic product ratio dropped to 86.8% in the third quarter from 88.1% in the previous quarter, as the economy continued to recover.
bank of thailand

Thailand raises interest rate for the third time in a row to 1.25%

For the third time in a row this year, the Bank of Thailand increased its benchmark interest rate by a quarter point to 1.25% on Wednesday, making it the highest level since February 2020 and helping to control inflation.