All posts tagged "BoT"
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408Asia-PacificBOT 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 -
289Asia-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 -
224Asia-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 -
395Asia-Pacific
BOT Prepares Guidance for Banks on Service Fee Calculations
The guidance will cover fees for corporate, SME and retail banking customers, as part of a broader push for fairer fee structures.
February 15, 2020 -
372AML / KYC
BOT Launches Digital Account Opening Tests at Six Banks
Six banks will open online deposit accounts digitally, using facial recognition to verify customer identities against information held in the new National Digital ID platform.
February 7, 2020 -
245Asia-Pacific
BOT Launches Phase Three of ‘Debt Clinic’ Scheme
Phase 3 will expand the scope of covered personal debt to include cases involving a single debtor. The Debt Clinic has so far helped over 3,000 borrowers refinance bad debt.
February 5, 2020 -
331Asia-PacificHKMA, BOT Announce Outcomes of Joint CBDC Research
In 3Q 2019, eight Thai banks and two Hong Kong banks (HSBC and ZA Bank) participated in a THB-HKD cross-border corridor network PoC using a CBDC.
January 23, 2020 -
325Asia-Pacific
Bank of Thailand Relaxes Mortgage Lending Rules
For homes worth more than THB 10 million, first home buyers have to pay a minimum down payment of 10%, compared to 20% earlier.
January 22, 2020 -
588Asia-Pacific
Thailand Developing Foundation for Digital Banking – Report
The efforts are aimed at developing data from non-financial sources, an electronic identification system, and a suitable regulatory framework.
January 14, 2020 -
365Asia-Pacific
BOT Directs Banks to Adopt Fairer Fee Structures
Banks are instructed to lower the interest costs and fees loan prepayments and late repayments, and to adopt grace periods to reduce borrower burdens.
January 9, 2020
