Published January 10, 2013
Amendments to Thai banking regulations expected to spur liquidity in financial industry
Recent changes to banking and financial acts will provide a secure and more flexible business environment for Thailand’s corporate and banking segments.
The Thai cabinet recently approved changes to two major regulations governing the country’s financial industry – the Bank of Thailand Act and the Financial Institutions Act. The amendments pertain to providing bailout funds in lending to ailing banks and a significant relaxing of lending rules f...