Policy modifications will affect Thai commercial banks' profits.
Global Banking News-November 5, 2020--Policy modifications will affect Thai commercial banks' profits
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Global Banking News - 05 November 2020
Policy modifications by Thailand's central bank will affect the results of the nation's commercial banks, Moody's Investor Services has said.
The ratings agency said that a prolonged period of low interest rates would hit Thai banks' profitability. The apex bank had recently loosened its monetary policy to historic lows.
Bank of Thailand had cut the...
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