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BoT eyes higher bank capital reserves

Published by
The Bangkok Post

BoT eyes higher bank capital reserves Outlays in sector must cover lofty risk The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank. Bank of Thailand assistant governor for financial institutions policy group Roong Mallikamas made the remark at a seminar on digital assets held by Prachachart Turakij newspaper on Thursday. As digital asset businesses have high levels of uncertainty, investment in them can cause a significant impact for banks, which have a duty to…

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