New Legislation Makes Banks, Telecoms, and Social Media Firms Accountable for Scams
Photo Credit: Apichart Jinakul A new emergency decree took effect on Sunday that requires financial institutions, telecom operators and social media platform owners to share responsibility for failing to curb…
Banks Set to Halt Interest Charges
Photo credit: Money Expo Facebook The Thai Bankers’ Association (TBA) is launching a new debt restructuring program aimed at easing household debt, covering borrowing worth 1.4 trillion baht over a…
Banks prepared for possible cross-default event in Emerging Markets Bond Index – EA
Major banks are preparing to allocate more than 10 billion baht in overall loan loss provisions for troubled Energy Absolute (EA) if the company encounters a cross-default situation, as outlined…