MYSTERIOUS: Vitai ratanakorn | Mind Blowing Facts

Central bank steps up non-bank oversight

The Bank of Thailand is strengthening its supervision of lending and payment services provided by non-banks to ensure fair treatment of consumers and curb irregular transactions, according to its governor.

Bangkok Post · Aug 14

Central bank schemes set to expand SME lending

The Bank of Thailand expects its two targeted lending schemes to increase lending to small and medium-sized enterprises (SMEs) by 130 billion baht by the end of next year, as overall bank lending has begun to recover.

Bangkok Post · Aug 3

The roadmap for a baht-backed stablecoin

Over the past few years, Thailand has emerged as one of Southeast Asia's most proactive and structured hosts for digital asset regulation. Driven by a high level of retail crypto adoption, a tech-savvy population and strong institutional backing, the focus has shifted towards building a utility-driven digital asset system.

Bangkok Post · Jul 31

BoT vows to continue with stablecoin plan

The Bank of Thailand is moving forward with plans to introduce a baht-pegged stablecoin as part of a push to support digital finance and innovation, says governor Vitai Ratanakorn.

Bangkok Post · Jun 26

Bad loans still elevated as Iran war hammers firms

The Bank of Thailand intends to focus on asset quality in the banking industry as non-performing loans (NPLs) remain at elevated levels, attributed in part to the impact of the Middle East conflict, says the central bank's chief.

Bangkok Post · Jun 25

Bank of Thailand set to hold firm on its policy rate

The Bank of Thailand (BoT) is widely expected to leave its benchmark policy rate unchanged at 1% at Wednesday's Monetary Policy Committee (MPC) meeting, with research houses noting that subdued inflationary pressures and heightened external uncertainties warrant a steady stance.

Bangkok Post · Jun 22

A double dip on the cards?

An economist is concerned about Thailand's potential dual deficit scenario, in which both the fiscal balance and current account move into deficit simultaneously.

Bangkok Post · Jun 7

Inflation set to top 5% this year amid surge in oil imports

The Bank of Thailand expects headline inflation to peak at 5.2% in October this year, driven by rising oil imports and the government's subsidy measures.

Bangkok Post · Jun 2

Thailand sees 2% growth and 3% inflation in 2026: central bank chief

The Thai economy is expected to grow 2% ​this year, Bank of Thailand (BoT) governor Vitai Ratanakorn told a news briefing on Tuesday.

Bangkok Post · Jun 2

GSB set to launch digital loans in effort to lower rates

Government Savings Bank (GSB) is set to launch a non-bank business to offer digital personal loans and digital nano-finance services in the third quarter of this year, with a view to pushing down interest rates in the market for both services by 5%, said president Vitai Ratanakorn.

Bangkok Post · Apr 3, 2023