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Thai central bank to ease rules on banks' dividend payouts

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Published Thu, Jun 30, 2022 · 06:45 PM
    • The Bank of Thailand will allow banks to pay a reduced 0.23 per cent of deposits per annum to the Financial Institutions Development Fund until the end of 2022.
    • The Bank of Thailand will allow banks to pay a reduced 0.23 per cent of deposits per annum to the Financial Institutions Development Fund until the end of 2022. REUTERS

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    THAILAND’S central bank said on Thursday (Jun 30) that it would amend rules on banks’ dividend payouts this year, and require them to pay a regular fee rate to the Financial Institutions Development Fund (FIDF).

    The Bank of Thailand will allow banks to pay a reduced 0.23 per cent of deposits per annum to the FIDF until the end of 2022, officials said. REUTERS

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