Educational Information Only
The content on this page is for general educational purposes and does not constitute legal advice. Every legal situation is unique. For matters involving investigation, arrest, litigation, or formal proceedings, consult a qualified legal professional.
Financial Institutions Business Act
พระราชบัญญัติธุรกิจสถาบันการเงิน · FIBA · B.E. 2551 (2008)
Overview
The Financial Institutions Business Act B.E. 2551 (2008) consolidated regulation of Thai commercial banks, retail banks, finance companies, and credit foncier companies. The Bank of Thailand is the principal regulator. The Act covers licensing, prudential standards, capital requirements, governance, and supervisory powers.
- Promulgating authority
- Parliament
- พระราชบัญญัติ
- Enacted
- B.E. 2551 (2008)
- Official text
- https://www.krisdika.go.th/
Key Sections3
The 3 sections most frequently cited in practice or relevant to foreigners. Click any section for a deep-linkable page suitable for sharing.
Section 9
— LicensingEngagement in financial-institution business requires a Ministry of Finance licence recommended by the BOT.
Section 30
— Capital adequacyMinimum capital ratios set by BOT regulation, currently aligned with Basel III standards.
Section 120
— Single-borrower limitLending to a single borrower or group is capped as a percentage of capital.
The summaries on this page are plain-English educational paraphrases — not authoritative translations. For the binding wording you must consult the Royal Gazette publication or the consolidated text at the Office of the Council of State. Educational use only — not a substitute for advice from a Thai-qualified lawyer.
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