activities and the low rate of capacity utilization in manufacturing sectors. For banking sector in the year 2019, overall bank loan grew at a slower pace mainly attributed to subdued corporate loan growth in
operations or significantly reduce employment. 3. More-severe-than-expected impact of the drought could affect farm income For banking sector in the first quarter of 2020, commercial bank loan expanded at a
The commercial banking sector in Thailand continues to face challenges from the business environment and ongoing changes in regulations. However, operating results in the second quarter of 2019 improved
stimulus measures to support the economy while the BOT has reduced the policy interest rate. Thai Banking Industry The commercial banking sector in Thailand continues to face challenges from changes in the
internationally recognized standards. In collaboration with its 23 member banks, the Thai Bankers’ Association has established Thailand Banking Sector Computer Emergency Response Team (TB-CERT) with the support of
provide services that fit the criteria of Critical Information Infrastructure Organizations (CII Organizations), including the financial and banking sector, are required to have in place measures to protect
pressure from rising interest rates and costs of raw materials, lower buyers’ confidence and a significant increase in supply. In the banking sector, the Bank of Thailand (BOT)’s stricter policy on loan
these key economies cast negative outlook on world trade and affected export-reliant countries materially. However, despite the global chain reaction and the downsized export sector, the Thai economy grew