Srettha pushes for lower lending rates
The Bank of Thailand (BoT) is allowing commercial banks to adapt their business models to help vulnerable customers, in response to the prime minister’s directive urging large local banks to lower lending interest rates for vulnerable groups and small businesses.
Speaking at a monetary policy forum on Wednesday, Piti Disyatat, the central bank’s assistant governor for the monetary policy group, said banks have the flexibility to vary their business…