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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

    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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