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The first batch of government savings bonds for older Thais has been lifted up from 15 billion baht to 30 billion baht because of the heavy demand of old Thais forward to an alternative money saving option provided by Thai government. Therefore, the government need to reach the demand by lifting up a bond value, said Korn Chatikavanij, a minister of finance.

Vigorous competition as banks vie with attractive interest rates: BoT

The country’s commercial banks are competing more fiercely with each other to offer lower lending rates and higher long-term deposit rates to boost economic recovery, according to the Bank of Thailand (BoT).

Banglamung Waterworks Authority discusses new payment methods

Thongchai Poojareon, Woraphan Akaboot 06.04.2009
Following numerous complaints, Thai banks may cut foreigners’ ATM transaction fees

The Thai Bankers' Association will ask local banks to cut fee charges for foreign cardholders using local ATMs, according to association secretary-general Twatchai Yongkittikul. He said the TBA would hold talks among its member’s banks about current fees. Among the member banks are Bangkok Bank, Siam Commercial Bank and Kasikorn Bank.

Banglamung Waterworks Authority discusses new payment methods

Mr. Thanee Thongprashum, Manager of Banglamung Waterworks Authority told Pattaya Times about the case in which foreigners are unable to pay their water fees because they are overseas.

Banks see brighter future

BANGKOK - Thailand’s banks are more cautious than their US counterparts, and are in a better shape to weather the storm

Local banks to protect ATMs against skimming scams

There have been many reported incidents of ATM scams ranging from the placement of micro cameras to read PIN entires and the installation of card readers over the card slot of ATMs.

Pattaya Mayor Helps Show Thailand Banks Lending at Money Expo

Due in part to the valiant efforts of Pattaya’s progressive mayor, 19 billion baht in deposits, loans, insurance contracts and other investments were generated in Pattaya in just three days. Pattaya has now joined the circuit for Money Expo 2009.

Japan banks nearing Nikko Cordial decision

Japan’s three largest banks will tell Citigroup Inc. this week whether they want to bid for company’s Tokyo-based brokerage unit, local media reported Wednesday.


 

Pattaya NewspapersPattaya Times Newspaper Thailand