PHUKET: Local cabbies and van drivers have asked TMB-Thanachart Bank to suspend loan repayments for at least six months, saying that without tourists they have no money to meet the instalments.
PHUKET: Some 30 tourist passenger van drivers gathered at the Thanachart Bank branch on the bypass road today to appeal for relief on outstanding loans on their vehicles to help the drivers avoid seei
The Bank of Thailand Publishes Paper on Central Bank Digital Currencies: The Way Forward
The
Bank of Thailand has published a paper on central bank digital currency (CBDCs) entitle the Way Forward for Retail Central Bank Digital Currency in Thailand.
Thailand has been a fairly innovation-friendly nation in regards to Fintech. Several years ago, Thailand participated in
Project Inthanon, a CBDC initiative. The project developed a prototype CBDC in partnership with R3 and Wipro (NYSE: WIT). The Bank of Thailand also worked with eight commercial banks as part of the development of the CBDC which could decentralize interbank settlements or “real-time gross settlement.” The eight banks included HSBC, Standard Chartered, Thanachart Bank, Siam Commercial Bank, Bank of Ayudhya, Krung Thai Bank, Bangkok Bank, and Kasikornbank.
TMB-TBank full fusion on track for July bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Bankers seek easing of soft loan regulations
1
published : 13 Mar 2021 at 04:44
1
The Thai Bankers Association (TBA) has asked for an easing of the government s amendment of the soft loan decree, which was aimed at facilitating better access to funding for small and medium-sized enterprises (SMEs).
The TBA submitted its proposal regarding the soft loan decree amendment and the asset warehousing model to the Bank of Thailand, which is working with the Finance Ministry to determine additional financial assistance measures for struggling SMEs and a tourism sector reeling from the pandemic, said Piti Tantakasem, chief executive at TMB-Thanachart Bank, a member of the TBA.