PM asks top bankers to cut lending rates

Prime Minister Srettha Thavisin had an informal meeting with the CEOs of four of Thailand’s top banks at Government House this morning, reportedly to ask them to consider cutting their…

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GSB announces end of sending URLs to customers via SMS

Thailand’s Government Savings Bank (GSB) has stopped sending text messages (SMS) containing URLs to all customers, effective on March 1st, to protect its customers from being cheated by scam artists….

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Krung Thai and Government Savings banks offer ฿5Bn loan to Oil Fuel Fund

Two state-run banks, Krung Thai and Government Savings, have offered to extend loans, amounting to 5 billion baht, to the debt-ridden Oil Fuel Fund, to ease its current liquidity problems….

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Registration rush for co-payment scheme crashes “Pao Tang” app

The “Pao Tang” application system crashed this morning (Friday) as subscribers scrambled to reconfirm their registrations for the fifth phase of the 50:50 co-payment scheme, under which each will receive…

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KTB’s Pathumwan branch closed after staff member found with COVID-19

The Pathumwan branch of Thailand’s state-run Krung Thai Bank was closed today (Monday) after a staff member was found to be infected with COVID-19. Four colleagues, who worked next to…

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Welfare card holders flock to ATMs for their 500-baht cash handouts

Many state-run Krung Thai Bank ATMs in Thailand’s northeastern provinces ran out of 500-baht and 100-baht banknotes after Pracharat welfare card holders flocked to withdraw the first 500-baht cash handout…

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Finance Minister to sue for alleged slander relating to Krung Thai loan controversy

Finance Minister Uttama Savanayana has instructed his legal advisors to take action against five individuals for allegedly discrediting him in connection with the state-run Krung Thai Bank’s controversial loan granted…

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Opposition rebuked for implicating Palang Pracharat leader in Krung Thai loan scandal

The Opposition has been rebuked for threatening to censure Prime Minister Prayut Chan-o-cha in the lower House if he goes ahead with the appointment of Palang Pracharat party leader Uttama…

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