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Central bank dismisses complaints by finance firms, NATION.
Publication: Finance Wire Publication Date: 30-NOV-04 |
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COPYRIGHT 2004 FDCH e-media
Original Source: Emerging Markets Datafile
URL: http://www.nationmultimedia.com/
The Bank of Thailand (BOT) yesterday insisted there were no stringent regulations in place to govern the consolidation of finance companies, rebuffing complaints made by the firms.
"We haven't issued any rules. We did not instruct them to control costs," said Tarisa Wattanagase, the central bank's deputy...
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