3 banks stand to gain from reciprocal pact
Malaysia-based CIMB Bank and RHB Bank, with their sizeable presence in Thailand, stand to gain from the new reciprocal arrangement of the Thai and Malaysian central banks, while Bangkok Bank will benefit from the new liquidity facility for its branches in Malaysia, according to Moody's Investors Service.
Thai-ASEAN News Network - Visa Targets Debit Card Market to Grow by 35-40%
Visa Thailand expects the debit card market to grow between 35 and 40 percent, faster than credit cards, as they are more accessible to a wider range of customers.
Thai Asean News Network
Visa Thailand expects the debit card market to grow between 35 and 40 percent, faster than credit cards, as they are more accessible to a wider range of customers.
Repurchase deal boost for CIMB, RHB
KUALA LUMPUR: CIMB Bank Bhd and RHB Bank Bhd are expected to be the main beneficiaries of the cross-border repurchase arrangement established recently between the central banks of Malaysia and Thailand.
Banks, Visa plan debit-card push
More merchants, rewards for users
Bank of Thailand likely to cut policy rate in March
Bangkok (The Nation/ANN) - Another policy rate cut is expected at the next meeting of the Bank of Thailand's Monetary Policy Committee in March, given the external risks in Europe and the United States.
PHL banks are less prone to a spillover fromEU debt crisis – Moody’s
Philippine banks are less prone to a possible spillover from a deteriorating European debt crisis, Moody’s Investors Service said in a note released Monday.
Inflation stays high in Asia, central banks face dilemma
JAKARTA/SEOUL (Reuters) - Consumer inflation stayed high across Asia in January and could pick up further in some countries in coming months, leaving their central banks with few options to cushion the economies from the global slowdown. Growth in consumer prices moderated in January on a year-on-year basis as expected in South Korea, Thailand and Indonesia, but prices picked up from December ...