The Thai Bankers' Association (TBA) has discussed with regulators further easing of banks' contributions to the Financial Institution Development Fund (FIDF) as interest rates rise.
The TBA talked with the Bank of Thailand and the Finance Ministry about relaxing the FIDF fee contribution to the ministry, but related parties have yet to finalise how to do so, said Payong Srivanich, chairman of the TBA, after Wednesday's meeting of the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
