All posts tagged "BoT"
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1.0KAsia-PacificBOT Opens Applications for New FX E-Money Licences
Non-bank operators can apply for a new licence to issue e-money in foreign currencies for customer payments for cross-border goods and services.
June 30, 2020 -
294Asia-Pacific
BOT Directs Banks to Suspend Dividends, Share Buybacks
Commercial banks are asked to draw up new capital management plans for the next 1-3 years, taking into account expected economic and business trends following the pandemic.
June 24, 2020 -
293Asia-Pacific
BOT Announces ‘Phase 2’ Measures to Support Debtors
Lenders are directed to sustain debtors through lower interest rates and fees, expanded credit limits, delayed property seizures, and other debt relief and restructuring measures.
June 23, 2020 -
1.0KAsia-Pacific
BOT Unveils New Project to Use CBDC for B2B Payments
A CBDC prototype developed by Digital Ventures will be integrated with systems at industrial conglomerate Siam Cement PCL and its suppliers.
June 19, 2020 -
722Asia-Pacific
BOT Launches Regulatory Sandbox for P2P Lending Platforms
The BOT will seek to use sandbox testing to ensure P2P lending platform providers adopted appropriate risk management and user protection practices.
June 9, 2020 -
424Asia-Pacific
Thailand: Parliament Approves $60b Covid-19 Aid Package
The 1.9tr baht aid package includes additional liquidity for banks to lend to SMEs, and a corporate bond stabilisation fund to provide bridge financing to issuers.
June 2, 2020 -
290Asia-Pacific
BOT Cuts Benchmark Interest Rate to Record Low 0.5%
Thailand's National Economic and Social Development Council expects economic performance this year to be the worst since the Asian financial crisis.
May 22, 2020 -
538Asia-Pacific
BOT Establishes Liquidity Facility for Money Market, Fixed Income Funds
Money market and daily fixed income funds can obtain low-cost liquidity assistance from banks, which can in turn use fund units they buy under repurchase agreements as collateral for BOT liquidity.
March 25, 2020 -
428Asia-Pacific
UPDATED – BOT Announces Emergency Rate Cut, Other Measures
The central bank says the rate cut will have a greater impact if FIs take an active role to address borrowers' liquidity problems and accelerate debt restructuring.
March 23, 2020 -
260Asia-Pacific
Thailand Raises Currency Repatriation Threshold Five-Fold to $1m
The move is aimed at achieving more balanced capital flows and at easing the strength of the Thai baht, which hurt the domestic economy last year.
March 2, 2020
