Thai central bank calls on lenders to bolster capital.
BANKING AND CREDIT NEWS-June 22, 2020--Thai central bank calls on lenders to bolster capital
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Global Banking News - 22 June 2020
The Thailand central bank has called on lenders in the nation to bolster their capital levels as the COVID-19 pandemic-induced strain on the economy is increasing.
The apex bank has called on banks to prepare capital management plans for the next two to three years. The bank also said that the plans should take into account the outlook for the economy and the ability of debtors to do business after the outbreak has eased.
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