All posts tagged "BoT"
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283Asia-PacificThailand Banking Sector Resilient to Severe Shocks: IMF
Stress tests results and sensitivity analysis indicate that Thailand's largest banks can withstand a shock broadly "as severe as the Asian financial crisis".
October 10, 2019 -
237AML / KYCBOT Plan to Allow Biometric e-KYC Delayed in Testing
The BOT had planned to allow the use of biometric identity verification for account opening by Q3 this year, but testing in the sandbox has not yet been completed.
October 9, 2019 -
760Asia-PacificThailand Banks Commit to Lending Based on ESG Factors
The BOT, Thai Bankers’ Association and 15 banks have taken steps to establish common policies to ensure socially-conscious loan approvals based on ESG factors.
August 16, 2019 -
583Asia-Pacific
BOT Concludes Project Inthanon’s Second Phase
Phase 2 used smart contracts to automate bond lifecycle events, and introduced pre-validation to reduce error and fraud in funds transfers. Phase 3 will be a joint effort with the HKMA.
July 22, 2019 -
550UncategorisedCambodia Selects Three Banks to Pilot QR Code System
The QR code system developed by Siam Commercial Bank will enable cross border payments between Cambodia and Thailand using local currencies.
June 21, 2019 -
936Asia-Pacific
Hong Kong, Thailand Central Banks Sign Fintech Collaboration Agreement
HKMA and BOT have agreed to collaborate on fintech innovation, including through a joint research project on the development of a central bank digital currency.
May 15, 2019 -
468Asia-Pacific
BOT Launches Phase Two of ‘Debt Clinic’ Scheme
The second phase of the programme is aimed at helping troubled borrowers who owe credit card and personal loan debt to both bank and non-bank lenders.
May 9, 2019 -
512Asia-PacificPayments Connectivity Sees Continued Progress in ASEAN
Bank of Thailand outlined a number of key initiatives with other ASEAN nations to increase regional connectivity in cross-border payments.
April 10, 2019 -
1.3KAsia-Pacific
ASEAN Pushes for Cross-Border Settlement in Local Currencies
ASEAN central bankers are setting up direct settlement systems that use local currencies, in a bid to reduce transaction costs and exposures to global volatility.
April 8, 2019 -
1.8KInternationalSWIFT Sees Growing ISO 20022 Adoption in Asia Pacific
SWIFT has released a new report on the state of adoption of the ISO 20022 financial messaging standard among Asia Pacific securities market infrastructures.
April 3, 2019
