71. Investors apparently believe Thanong, who was president of the Thai Military Bank PCL, will protect the interests of Thai banks. 72. It also permits Thai banks to make foreign-currency loans. 73. Is Citibank still interested in acquiring FBCB, particularly after the BOT ordered the Thai bank to write down its capital? 74. It also requires Thai banks to refuse to sell baht to foreigners without proof that the money will not be used for speculation. 75. It will also set a benchmark for Thai banks and companies to tap foreign funding. 76. It will get the proceeds later this week, marking the first return of a major Thai bank to the international capital market after the economic difficulties began. 77. It is DBS policy to make the Thai bank the market leader of innovative products. 78. Jitti said that the low interest rates currently being offered by Thai banks could be beneficial to gold sales if investors seek an alternative place to park their funds. 79. Joining the domestic ATM pool would give foreign banks access to the thousands of ATMs operated by Thai banks throughout the country. 80. Last week, it upgraded the ratings of five Thai banks to stable from negative. |