8 Apr 2020
Financial Institutions
On 7 April 2020, the Bank of Thailand (BOT) issued additional measures to assist the private sector in combating the COVID-19 which primarily concern short-term liquidity boosting measures offered to small to medium enterprises (SMEs) that have been affected by the spread of the COVID-19 virus – a global crisis which has tended to only increase in severity and is likely to take some time to be resolved. Furthermore, the BOT has issued additional measures to maintain the stability of the corporate bond market as a means of fund mobilization via debenture issuance, allowing high-grade businesses to continue their operations. ... Read more
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16 Aug 2019
New reports over the past one month may represent signals confirming that the Bank of Thailand (BOT) is in the process of carrying out two important matters to cope with hefty household debt. These include: 1) determining lending guidelines for low-income earners; and 2) preparation to set common lending standards, based on the debt service ratio (DSR). Such details will likely be announced by the BOT soon.... Read more
18 Jul 2019
We at KResearch project that net profit overall of commercial banks registered in Thailand will reach approximately THB51-52 billion in 2Q19, declining from the THB52.59 billion reported for 1Q19. Operating profit in 2Q10 may recover at a slower pace because income growth from core business of commercial banks, including interest income, plus fees and service income, hinges on a clear economic recovery, which is expected to begin during 2H19.... Read more
26 Feb 2019
KResearch summarizes the information about loans, deposits and financial liquidity at 14 Thai commercial banks as of the end of January 2019 based on the Summary Statement of Assets and Liabilities with highlights as follows: ... Read more
23 Mar 2018
We at KResearch expect that the Monetary Policy Committee (MPC) will likely keep its policy rate unchanged at 1.50 percent during the second meeting of 2018 scheduled for March 28 to ensure continuing growth in the Thai economy going forward amid a number of external risks, in particular a possible US-China trade war. The current inflation rate, which remains at the lower band of the Bank of Thailand’s inflation target, will also support the MPC to continue its accommodative monetary policy stance. ... Read more