Major Thai banks gear up for New Year with billions in cash reserves
MONDAY, DECEMBER 23, 2024
5 top banks have set aside over 154 billion baht in reserves for festive spending, while the central bank will also earmark 80 billion baht to meet higher demand for cash
Seven major Thai banks report record-breaking revenues
MONDAY, OCTOBER 21, 2024
Seven major Thai banks listed on the Stock Exchange of Thailand (SET) have reported record-breaking revenues, with Siam Commercial Bank (SCB) leading the pack with a dividend payout of 9.84 baht.
Banks put in place measures to minimise lending risks
MONDAY, AUGUST 12, 2024
Thailand’s major financial institutions are preparing for a difficult second half of 2024, as a struggling economy and high household debt force banks to take a more conservative approach to lending.
Thailand forms task force to prevent Myanmar arms purchase transactions
THURSDAY, JULY 25, 2024
Thailand will form a task force to enhance the due diligence capabilities of its financial institutions in order to prevent transactions by banks that could lead to arms purchases and human rights abuses in Myanmar, the foreign ministry said.