Thailand: BOT’s ‘too big to fail’ comment on big banks triggers panic
The Bank of Thailand has come under criticism on the social media for publishing the names of the country’s five largest banks in the Royal Gazette. The central bank’s intention was to underscore the importance to the economy of Bangkok Bank, Krung Thai, Kasikornbank, Siam Commercial Bank and Bank of Ayudhya. As such, it said, […]
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