38.5 C
Bangkok
Saturday, May 4, 2024

Bangkok Post – Central bank urges banks to help vulnerable

Srettha pushes for lower lending rates

People visit an SME exposition in Nonthaburi in 2022. (Photo: Varuth Hirunyatheb)

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…

Read more…

Latest Articles