country’s foreign exchange rates and supporting the establishment of payment
system. Thai baking system is regulated by Financial Institution Act B.E 2551
which was issued in 2008. It defines the commercial banks and describes the types
of businesses the banks may operate. This law includes regulations on formation,
operation, supervision, maintenances of capital funds and assets, investment,
restrictions on granting credits of financial institutions (BOT, 2008).
country’s foreign exchange rates and supporting the establishment of paymentsystem. Thai baking system is regulated by Financial Institution Act B.E 2551which was issued in 2008. It defines the commercial banks and describes the typesof businesses the banks may operate. This law includes regulations on formation,operation, supervision, maintenances of capital funds and assets, investment,restrictions on granting credits of financial institutions (BOT, 2008).
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