Daily Archives: January 9, 2020

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Bank of Thailand (BOT) orders banks to revise interest rates and fees Bank of Thailand (BOT) has ordered commercial banks to revise their interest rates, and the fees they charge for their financial products and services including ATM and debit card fees Good news for the general public and SMEs as the Bank of Thailand…

Moody’s Sets APAC Sovereigns Outlook to Negative for 2020

BankingBy bkp January 9, 2020

Moody’s Sets APAC Sovereigns Outlook to Negative for 2020 19 of Moody’s 25 rated APAC sovereigns have stable outlooks, while four have negative outlooks and two have positive outlooks Moody’s Investors Service says in a new report that its outlook for APAC sovereign creditworthiness in 2020 is negative, underpinned by slower economic growth, a turbulent…