The Latest Breaking News from Bank of Thailand

BAM optimistic on joint ventures to manage bad assets

SET-listed Bangkok Commercial Asset Management (BAM) is in talks with seven financial institutions to be potential partners and set up joint venture asset management companies (JV AMCs) under the Bank of Thailand's initiative to manage non-performing loans (NPLs) in the banking industry.

Bangkok Post · Feb 11, 2022

BoT sees inflation easing in second half of 2022

Thailand's headline inflation rate is expected to top the Bank of Thailand's forecast of 1.7% this year, but should remain within its target range, central bank officials said on Friday.

Bangkok Post · Feb 11, 2022

Headline inflation exceeds outlook

The Bank of Thailand predicts headline inflation will exceed the target rate in the early part of this year, forced up by rising raw food and energy prices.

Bangkok Post · Feb 9, 2022

Bank of Thailand to let banks invest more in fintech

The Bank of Thailand (BoT) plans to allow banks to invest more than a current limit of 3% of their capital funds in fintech, except in digital assets, an assistant governor said on Tuesday.

Bangkok Post · Feb 1, 2022

Economy slows in January on Omicron after Q4 recovery

Thailand's economic activity slowed in January due to a new coronavirus outbreak fuelled by the Omicron variant, cutting short a recovery in the final quarter of 2021, the Bank of Thailand (BoT) said on Monday.

Bangkok Post · Jan 31, 2022

BoT licenses joint ventures to handle banks' bad debts

The Bank of Thailand announced conditions to establish a joint venture asset management company (JV AMC) to support financial institutions managing bad debt for the long term as the pandemic persists.

Bangkok Post · Jan 27, 2022

Bank of Thailand detects no surge in bad loans, eyes JV for bad assets

The Bank of Thailand (BoT) has not detected any signs of a surge in non-performing loans (NPLs) after imposing various measures to support debtors as the economic activity is hit by coronavirus outbreaks, a senior official said on Thursday.

Bangkok Post · Jan 27, 2022

BoT mulls stablecoins to pay for goods, services

The Bank of Thailand (BoT) is considering promoting the use of stablecoins to pay for goods and services, specifically in some use cases, which will be useful for financial innovation.

Bangkok Post · Jan 24, 2022

Central bank to issue 20-baht polymer banknotes in March

The Bank of Thailand plans to start issuing 20-baht polymer banknotes on March 24.

Bangkok Post · Jan 20, 2022