Sept 23 (BangkokBizNews.com)

The Bank of Thailand (BOT) is organizing training sessions to teach local banks about microfinance. The BOT is promoting microfinance in its new Master Plan Phase 2 and is hoping that local banks will get involved. While foreign investors are familiar with the concept of microfinance, local banks are proving to be resistant to the idea and see it as too risky. The BOT is hoping that through a series of workshops, perceptions can change.