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International Bank for Reconstruction and Development, an international financial institution belonging to the World Bank, formed in 1944; International Bank of Commerce, a bank in Texas, founded in 1966; International Bank (Liberia), a Liberian bank created in 1960; International Bank of Azerbaijan, a global financial institution, founded in ...
List of international financial institutions: . African Development Bank; Asian Development Bank; Asian Infrastructure Investment Bank; Bank for International Settlements; Black Sea Trade and Development Bank
Krung Thai Bank (No.2 bank and Government Enterprise in Thailand) Land & Houses Bank; Siam Commercial Bank (No. 3 bank in Thailand) Standard Chartered Bank (Thai) TMBThanachart Bank (No. 5 bank in Thailand, formerly Thai Military Bank and "TMB Bank") Tisco Bank; United Overseas Bank (Thai) (Formed by the merger of Bank of Asia and UOB Radanasin)
An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders.
The Thai government initially attempted to protect the Baht by buying it back and expending its international reserves, but was ultimately forced to float the currency. [6] In August 1997, the IMF unveiled a relief package for Thailand that would offer a total of 17.2 billion US dollar's worth of bilateral and multilateral assistance.
Across Thailand, there are thirty licensed banks which are registered with a further six being state-owned. In total they have a combined assets of 26.268 trillion baht (~ US$835.25 Billion) as of June 2019.
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The Bank of Thailand Act, B.E. 2485 was later amended in order to put emphasis on its social responsibility, to create a mechanism to guard against economic crisis, as well as to set up its decision making process to ensure good governance and transparency in the organization. The Bank of Thailand Act, B.E. 2551 came into force on 4 March 2008.