Shifting public debt to Thai bank to benefit lenders

11 January 2012, 8:00 pm

Bangkok (The Nation/ANN) - The executive decrees shifting the 1.14 trillion baht (US$35 billion) public debt left over from the 1997 financial crisis to the Bank of Thailand (BOT) will increase costs for commercial banks, indirectly benefiting state-run lenders, bankers said.... Read More »

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