Showing 11 - 20 of 985
Central bank reassessing consumer lending rules
Business, Somruedi Banchongduang, Published on 01/08/2024
» The Bank of Thailand is reviewing its regulations on loan-to-value (LTV) ratios for mortgage loans and minimum payments for credit cards amid the weakened debt servicing ability of individual borrowers.
Banks set for potential EA cross-default
Business, Somruedi Banchongduang, Published on 18/07/2024
» Banks are expected to set aside over 10 billion baht in total loan loss provisions for embattled Energy Absolute (EA) if the company faces a cross-default, according to UBS Securities (Thailand).
HSBC launches sustainable supply chain finance
Business, Somruedi Banchongduang, Published on 17/07/2024
» HSBC Thailand sees significant opportunities in sustainable supply chain financial services in the Thai market, noting that financial solutions would give local small and medium-sized enterprises (SMEs) improved access to funding sources.
Escaping the debt cycle
Business, Somruedi Banchongduang, Published on 15/07/2024
» A 25-year-old woman's struggles with debt of 307,000 baht went viral on social media recently when she asked for advice on how to manage what she owed. She earns 22,000 baht per month, with 6,000 baht going towards rent and 3,000 baht monthly for motorcycle loan payments.
CIMBT sees series of policy rate cuts
Business, Somruedi Banchongduang, Published on 10/07/2024
» CIMB Thai Bank (CIMBT) forecasts that the Bank of Thailand is likely to significantly reduce its policy rate by one percentage point between December 2024 and next year, in line with an anticipated cut in the US policy rate.
Central bank predicts growth will ease in final two quarters
Business, Somruedi Banchongduang, Published on 27/06/2024
» The Bank of Thailand (BoT) expects slower economic growth in the third and fourth quarters this year on a quarterly basis, citing a high base effect.
Bank of Thailand mulls new credit model for SMEs
Business, Somruedi Banchongduang, Published on 05/06/2024
» The Bank of Thailand is exploring a tripartite credit guarantee model used by other countries to improve funding access for Thai small and medium-sized enterprises (SMEs).
Private investment advanced in April thanks to new cars
Business, Somruedi Banchongduang, Published on 01/06/2024
» The Bank of Thailand reported an increase in private investment in April, attributed to improved sales of new cars after the delivery of vehicles following this year’s Thailand International Motor Show.
KBank stays bullish on corporate loans
Business, Somruedi Banchongduang, Published on 28/05/2024
» Kasikornbank (KBank) remains confident in the debt repayment ability of its top 50 corporate clients, despite increased credit risks amid sluggish economic growth.
Weak response to central bank's debt scheme
Business, Somruedi Banchongduang, Published on 24/05/2024
» The Bank of Thailand plans to ramp up its debt solution programme for instalment loans after no new participants joined its recent initiative.