MAS sets up collateral arrangement with Bank of Thailand

Financial institutions in Singapore and Thailand will now have greater flexibility in their liquidity management.

The Monetary Authority of Singapore and the Bank of Thailand signed a Memorandum of Understanding to establish the reciprocal cross-border collateral arrangement.

A joint statement by MAS and BOT said the arrangement will help maintain financial stability in both countries.

Under the arrangement, eligible financial institutions operating in Singapore may obtain Singapore Dollar liquidity from MAS by pledging Thai Baht or Thai government and central bank securities with MAS.

Similarly, eligible financial institutions operating in Thailand may obtain THB liquidity from BOT by pledging SGD or Singapore government and central bank securities.

“This collaboration reinforces the growing trade, investment and financial relationships between Singapore and Thailand. The arrangement allows the Monetary Authority of Singapore and Bank of Thailand to accept a wider range of collateral in their liquidity provisioning facilities,” said the statement.

Follow the link for more news on

Bank of Thailand

Also Read

ESR-LOGOS secures $225m and JPY15.5b sustainability-linked term loans

Singapore leads SEA in FinTech funding

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit