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Bank of Thailand Eases Rules on Sub-Branches for Finance Companies.

Bangkok Post (Bangkok, Thailand)

| August 05, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Aug. 5--Finance companies will be able to open new sub-branches without restrictions on the number, location or timeframe for operations under eased Bank of Thailand rules.

The aim is to improve the firms' potential to lend to retail customers, increase competitiveness and lower operating costs, the central bank said.

Finance companies will also be allowed to ...

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Source: HighBeam Research, Bank of Thailand Eases Rules on Sub-Branches for Finance Companies.

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