Central bank steps up non-bank oversight
The Bank of Thailand is strengthening its supervision of lending and payment services provided by non-banks to ensure fair treatment of consumers and curb irregular transactions, according to its governor.
The Bank of Thailand is intensifying its monitoring of lending and payment services offered by non-bank entities to safeguard consumer rights and discourage fraudulent activities. Governor of the bank disclosed these measures. The central bank aims to guarantee equitable treatment of customers and mitigate irregular transactions carried out by these non-bank providers.
Written by urgent.news from Bangkok Post Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Central bank steps up non-bank oversight bangkokpost.com
