Bank of Thailand (BoT)
Speech by M R P Devakula, Bank of Thailand, 26 Aug
SPEECH - In the speech Devakula said that as financial regulators, one of the Bank of Thailand's main tasks is to provide a prudential framework ensuring the overall improvement of risk management of financial institutions. In the case of Thailand…
Thai central bank puts loans case to Basel panel
THAILAND - The Bank of Thailand has asked member countries of BIS Basel Committee to curtail loans to hedge funds, according to Thirachai Phuvanatnaranubala, the central bank's deputy governor overseeing stability of financial institutions.
Thailand central bank's supervisory role to grow
THAILAND - Planned legal changes in financial sector supervision will give the Bank of Thailand increased authority over bank subsidiaries and credit card issuers.
Central bank supervisory role to grow in Thailand
THAILAND - Planned legal changes in financial sector supervision will give the Bank of Thailand increased authority over bank subsidiaries and credit card issuers.
Bank of Thailand auctions B1bn in government bonds
THAILAND - The Bank of Thailand on Wednesday auctioned one billion baht worth of government bonds due in June 2009 for an accepted average yield of 3.805%. The coupon rate for the bonds was 4.625% with a bid coverage ratio of 4.99 times.
Thailand's central bank in upbeat mood on economy
THAILAND - The Bank of Thailand is confident that deflation will not be an immediate concern. M.R. Pridiyathorn Devakula, the central bank governor, said the prevailing exchange rate of about 42.5 baht to the US dollar would not trigger inflation either.
Central bank to analyse inflation fall in Thailand
THAILAND - The Bank of Thailand will look at why inflation has declined in recent months, according to Bandid Nijathaworn, an assistant governor.
Thailand's Thaksin raps central bank on volatility
THAILAND - Prime Minister Thaksin Shinawatra yesterday took the Bank of Thailand to task for allowing "excessive volatility" in the exchange rate of the baht to the possible detriment of exporters.
Thai c bank chief rebukes PM over baht comments
THAILAND - Thailand's central bank chief Pridiyathorn Devakula on Monday criticised Prime Minister Thaksin Shinawatra for making bullish comments on the baht which has rallied to its highest level for two years. "The prime minister should not comment on…
BSP and BoT to cooperate on monetary policy
PHILIPPINES - The Bangko Sentral ng Pilipinas (Central Bank of the Philippines, or BSP) and the Bank of Thailand (BOT) have agreed to increase the amount of technical cooperation on monetary policy and banking supervision, BSP governor Rafael B…
Credit card holders set to rise if BOT eases rule
THAILAND - The number of credit card holders is expected to increase significantly if the Bank of Thailand agrees to decrease the minimum monthly salary required to be a card member from 15,000 to 10,000 baht, according to executives in the banking…
TFB calls for easing of credit card rules
THAILAND - TFB calls for easing of credit card rules Thai Farmers Bank Plc (TFB) is calling on the Bank of Thailand (BOT) to ease existing regulations on issuance of credit cards, Manager Daily said on 25 March.
Rerngchai fights negligence charge
THAILAND - Former governor of the Bank of Thailand Rerngchai Marakanond yesterday submitted his defence to the Civil Court on charges that he was "severely negligent" in his duties relating to the defence of the baht, causing Bt186 billion in damage to…
Speech by M R P Devakula, Bank of Thailand, 23 Jan
SPEECH - In the speech titled 'Commercial Banking and Financial Services: our Vision for Thailand' Devakula optimistically predicted that growth in gross domestic product (GDP) this year will stand at 2 to 3 per cent - well above the central bank's…
Thailand central bank appointments confirmed
THAILAND - As revealed by us on Tuesday the Thai cabinet yesterday approved the appointment of two new Bank of Thailand deputy governors.
A second deputy governor of BOT to resign
THAILAND - The Bank of Thailand (BOT) has suffered a major blow following the resignations of two deputy governors who were accused and later cleared of charges of being involved in a 1.7 billion baht ($71.4 million) fraud committed by the defunct firm,…
Names of two new Thai Deputy Governors chosen
THAILAND - Sources close to CentralBankNet at the Bank of Thailand have told us that the two replacement Deputy Governors at the Bank of Thailand were decided at a meeting on Monday. No press statement or news story has been released and we cannot…
Thai dep governor Kitti to leave at end of month
THAILAND - The Bank of Thailand said Monday that Deputy Governor Kitti Patpong-pibul had submitted a resignation letter to the Finance Ministry and will leave the central bank at the end of the month.
Rerngchai pleads innocence over baht defence
THAILAND - An extract of the unofficial translation of an open letter from former Bank of Thailand governor Rerngchai Marakanond in reply to the bank's charge against him of gross negligence for the failed baht defence.
BOT suing Rerngchai for losses
THAILAND - The Bank of Thailand plans to sue former central-bank governor Rerngchai Marakanond for damages involving the failed defence of the baht that resulted in massive losses, the central-bank's chief said yesterday, Monday.
Thai central bank eases collateral rules
THAILAND - Central Bank rules had been eased to allow financial institutions to use internal appraisal for collateral of small-sized debtors, rather than external independent appraisal firms, Bank of Thailand assistant governor Thirachai…
Thai Rerngchai - sinner or scapegoat?
ARTICLE - Rerngchai Marakanond, a former Bank of Thailand governor, is about to pay a dear price for his central role in the futile baht defence in 1997. Is he a scapegoat?
Thai c bank reshuffle: Six assistant gov's rotated
THAILAND - Pridiyathorn leaves only three assistant heads unchanged in his major reorganisation of top-level executives.
Thai central bank set to streamline four units
THAILAND - The Bank of Thailand is restructuring its four organisational units: the financial institutions policy group, monetary policy group, fund operations (Financial Institutions Development Fund) and the office of the governor.