Thai cen bank - Banks must improve risk management

THAILAND - The Bank of Thailand has revised its regulations related to the way financial institutions review lending, loan obligations and related reporting.

The purpose of the changes is to establish an effective risk-management and self-regulation mechanism, the Bangkok Post reported on Monday.

Commercial banks will now be required to review every type of credit, including overdrafts and debts, as well as other obligations, both on and off their financial statements. The minimum requirements

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