Showing 1 - 10 of 218
ARI-AMC to handle B30bn in bad loans
Business, Wichit Chantanusornsiri, Published on 13/08/2024
» ARI-AMC, a joint venture between Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM), looks set to transfer non-performing loans (NPLs) from the bank worth 30 billion baht for management.
Retirement lottery to the rescue
Business, Wichit Chantanusornsiri, Published on 25/07/2024
» It is alarming that nearly half of the country's workforce, comprising 37.5 million people, lacks a retirement savings plan.
GSB upgrades mobile security to deter hackers
Business, Wichit Chantanusornsiri, Published on 08/07/2024
» Government Savings Bank (GSB) is addressing hacking by enhancing mobile banking security to protect accounts.
Ministry aims to purge bad loans from bureau blacklist
Business, Wichit Chantanusornsiri, Published on 17/06/2024
» The Finance Ministry plans to hold talks with the Bank of Thailand and National Credit Bureau (NCB) about ways to reduce non-performing loans (NPLs) resulting from the impact of the pandemic, known as Code 21 debtors, in a bid to remove them from the bureau's blacklist sooner so they can access credit.
Minister unveils effort to shrink credit blacklist
Business, Wichit Chantanusornsiri, Published on 30/05/2024
» Finance Minister Pichai Chunhavajira has pitched shortening the duration for bad debtors to remain on the National Credit Bureau's blacklist, allowing them to access new borrowing opportunities sooner.
Government Savings Bank, Bangkok Commercial Asset to set up joint venture
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The Finance Ministry expects Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM) to establish a joint venture asset management company (AMC) next month.
Digital wallet eligibility terms tweaked
Wichit Chantanusornsiri, Published on 08/05/2024
» The government has added a new condition for its digital wallet handout, saying recipients must not have more than 500,000 baht in their deposit accounts as of March 31.
GH Bank preps low-interest loans for greener homes
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» Government Housing Bank (GH Bank) is offering low-interest loans totalling 10 billion baht to purchase or renovate homes so that they become more environmentally friendly and reduce pollution for residents.
BAAC union queries lending capacity
Wichit Chantanusornsiri, Published on 18/04/2024
» The labour union of the Bank for Agriculture and Agricultural Cooperatives (BAAC) is seeking legal opinions about whether the government can borrow from the state-owned bank to support its costly digital wallet handout.
Pico-finance gives 4m people access to credit worth B40bn
Business, Wichit Chantanusornsiri, Published on 05/04/2024
» Pico-finance, employed by the Finance Ministry to broaden formal financing channels for low-income earners and informal workers, has effectively facilitated access to credit tallying nearly 40 billion baht for more than 4 million individuals.