On April 1, 2019, the Bank of Thailand introduced a stricter loan-to-value ratio limit of 70%-95% that is dependent on the property price, number of contracts, and type of collateral.
BANGKOK: Thailand’s central bank has raised its 2018 economic growth forecast for the fifth time to 4.4%, from 4.1% projected in March, following stronger than expected expansion in the first quarter.
The Bank of Thailand (BoT) now expects exports – a key growth driver – to increase 9% this year, rather than 7% seen three months earlier.
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