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New decree next month: Banks, phone firms, platforms to share liability
THURSDAY, MARCH 27, 2025
A new decree will require banks, phone operators, and platforms to share liability for online scams, set to take effect next month.
Thailand Banks Cut Lending Rates in Coordinated Economic Boost
TUESDAY, MARCH 04, 2025
GSB and TTB respond to policy rate cut, aiming to stimulate economic activity and ease financial burdens
Pichai to urge banks to approve more loans for small businesses
MONDAY, MARCH 03, 2025
Finance Minister Pichai Chunhavajira urges banks to ease loan criteria and support small businesses. He calls for increased lending, lower interest rates, and relaxed loan-to-value ratios to boost economic growth and financial accessibility.
Opening a Bank Account with a DTV Visa
MONDAY, FEBRUARY 24, 2025
Many foreigners holding a DTV visa encounter difficulties when trying to open a bank account because almost every bank refuses to serve DTV visa holders. The primary concern is that bank accounts opened by foreigners could be used for illegal financial activities such as online gambling, romance scams, or money laundering.
Thai loan growth hits 15-year low amid economic concerns
WEDNESDAY, FEBRUARY 19, 2025
Loan demand contracted in 2024 as banks tightened lending criteria
Banks, telco operators, social media platforms must co-pay online scam victims
TUESDAY, JANUARY 28, 2025
The Thai Cabinet has approved a draft decree requiring banks, telecom operators, and social media platforms to co-pay victims of online scams, as part of new efforts to tackle technology-related crime.
The AI Tipping Point: How banks will drive real results in 2025
MONDAY, JANUARY 06, 2025
Generative AI (gen AI) is rapidly transforming the financial services landscape. What began with experimental projects in 2024 is now gaining serious momentum, with many institutions moving gen AI into full-scale production and seeing tangible results from their investments.
Thai banks face new mandates to curb financing of juntas
MONDAY, DECEMBER 30, 2024
Bank of Thailand and AMLO have ordered banks to enforce stricter regulations to prevent Myanmar’s junta from using Thai financial services to procure arms
Thai banking sector to weather government's debt relief programme
SATURDAY, DECEMBER 21, 2024
Latest proposals expected to have minimal impact on banking-sector credit metrics
Floods worsen in Narathiwat, 68 schools close amid rising waters
THURSDAY, NOVEMBER 28, 2024
Heavy continuous rain makes three main rivers break their banks and inundate more than 40,000 families in 13 districts
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