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Commercial banks reserve over 127 billion baht for Songkran festival

April 06, 2025

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

DSI expands "Mae Mon" gambling probe, seizes assets worth 300 million baht

November 07, 2024

Pol Lt Col Yutthana Praedam, Acting Director-General of the Department of Special Investigation (DSI), held a press conference on Thursday (November 7, 2024) to announce the progress of the DSI’s investigation into the “Mae Mon” online gambling network.

Cabinet delays digital wallet review but timeline unchanged: Paopoom

TUESDAY, JULY 30, 2024

Deputy Finance Minister says postponement in reviewing 10,000-baht handout won’t affect its timeline and development of payment system is on track

GSB confident support to SMEs through bank loans will boost economy

THURSDAY, JULY 04, 2024

Planned loan of 100-billion-baht to banks for onward lending to SMEs will be quickly snapped up, GSB predicts

Banks prepare for increased withdrawals over Songkran holiday

FRIDAY, APRIL 05, 2024

Anticipating a rush for ready money, Thai commercial banks are increasing their cash reserves ahead of the 5-day break over the Songkran Festival from April 12-16 to cater for increased withdrawals as people head off for the long holiday.

First Thai commercial bank to launch “Sustainable Deposits” in Thailand

SATURDAY, MARCH 09, 2024

Krungsri (Bank of Ayudhya PCL) announced that it has launched Sustainable Deposit, a term deposit product for commercial and corporate clients to support social and sustainable projects.

Thai Credit Bank announced its upgrade status to become commercial bank

FRIDAY, SEPTEMBER 01, 2023

Thai Credit Bank Public Company Limited has announced its upgrade status to become a commercial bank and changed the name to “Thai Credit Bank Public Company Limited” from September 1, 2023, onwards.

First-half net profit of 10 listed commercial banks increases over 15%

FRIDAY, JULY 28, 2023

Ten commercial banks listed in the Stock Exchange of Thailand (SET) generated total net profit of 121.91 billion baht in the first half of this year, up 15.24% compared to 105.79 billion last year.

Minimal impact on Thai banking from collapse of 2 US banks, says BOT

TUESDAY, MARCH 14, 2023

The impact on Thailand’s financial system from the closure of two US banks last week will be minimal since no commercial banks in Thailand have direct transactions with them, the Bank of Thailand (BOT) said on Monday.

Elderly woman awarded 207 million baht in damages for theft from her bank accounts

FRIDAY, JANUARY 20, 2023

Bangkok’s Phra Khanong Civil Court on Thursday ordered a Thai commercial bank and four of its employees, including a deputy branch manager, as well as a daughter of the plaintiff to pay her 207 million baht in compensation for stealing 250 million baht from her bank accounts while she was bedridden.

China CNOOC strikes it big time offshore with first-ever shale breakthrough

SUNDAY, JULY 31, 2022

Chinese State-owned oil and gas giant China National Offshore Oil Corp (CNOOC) has tapped commercial flows of oil and gas from a shale exploration well in the South China Sea, the first successfully drilled shale oil well offshore.

DPA: Don’t worry, NPL problem not as critical as during 1997 crisis

TUESDAY, AUGUST 25, 2020

“Bank customers need not worry that they will lose their money, as the DPA will help protect your deposits in case another crisis strikes,” director Songpol promised.

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