Educational Information Only
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FIBA Section 120 — Single-borrower limit
Financial Institutions Business Act (พระราชบัญญัติธุรกิจสถาบันการเงิน) — Section 120.
Plain-English Summary
Lending to a single borrower or group is capped as a percentage of capital.
Official Text
Official Thai text at the Royal Gazette / Office of the Council of State. Translation summary only.
Consult official sourceParent Statute
Financial Institutions Business Act
พระราชบัญญัติธุรกิจสถาบันการเงิน · B.E. 2551 (2008)
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.
The summary above is a plain-English educational paraphrase of Section 120 of the Financial Institutions Business Act. It is not an authoritative translation. For the binding Thai text, consult the Royal Gazette or the Office of the Council of State. Educational use only — not a substitute for advice from a Thai-qualified lawyer.
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