The Bank of Thailand (BoT) says that the Thai banking system has undergone regular stress tests and remains resilient, with a high level of capital buffers to help it to withstand risks and uncertainties, despite S&P Global Ratings’ downgrading of four of Thailand’s commercial banks. S&P downgraded ratings of Siam Commercial Bank and Kasikorn Bank, … Continue reading Central bank assures Thai banking system remains resilient despite S&P downgrade