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Search Result for “borrower”

Showing 1 - 10 of 716

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GENERAL

Flat-rate interest for leasing on the way out

Wichit Chantanusornsiri, Published on 20/08/2025

» The use of flat-rate interest calculation in the vehicle leasing business should be scrapped in the interest of fairness to borrowers, according to a government committee tasked with addressing household debt.

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GENERAL

Bank loans set to fall again amid debt reductions

Business, Somruedi Banchongduang, Published on 20/08/2025

» The Bank of Thailand expects loan contraction in the banking industry to continue in the third quarter of this year, driven by ongoing debt deleveraging.

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GENERAL

Cabinet greenlights draft credit guarantee bill

Business, Wichit Chantanusornsiri, Published on 20/08/2025

» The cabinet approved the draft National Credit Guarantee Agency (NaCGA) Bill yesterday, which enables small and medium-sized enterprises (SMEs) to access loans at lower costs.

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GENERAL

Thai lending slump for four straight quarters flags growth risks

Bloomberg News, Published on 19/08/2025

» Thai commercial banks saw their outstanding loans contract for a fourth consecutive quarter as lending to small businesses and consumers was crimped by heightened credit risks amid forecasts of an economic slowdown.

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THAILAND

Loan shark arrested for charging 3,400% annual interest

Online Reporters, Published on 17/08/2025

» A 37-year-old recently-released inmate has been arrested for running illegal money lending services with annual interest rates as high as 3,400%, Economic Crime Suppression Division (ECD) officers said on Sunday.

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THAILAND

TIDLOR Hits Record Q2 Profit on Quality Growth 

Published on 13/08/2025

» Bangkok, August 13, 2025 — Tidlor Holdings Public Company Limited (“TIDLOR” or the “Company”) has reported strong, quality-driven growth for the second quarter of 2025, driven by the robust expansion of its low-risk insurance brokerage business and effective cost and credit quality management in its lending operations. 

THAILAND

Tourist police bust 3 behind Vietnamese loan ring

News, Wassayos Ngamkham, Published on 26/07/2025

» The Tourist Police Bureau has arrested three Vietnamese nationals for operating an illegal loan shark scheme in Bangkok, charging fellow Vietnamese borrowers interest rates as high as 45%.

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GENERAL

Aid efforts aim to ease the burden

Business, Published on 26/07/2025

» The Finance Ministry has issued measures to alleviate the economic impact on communities along the Thai-Cambodian border by implementing debt suspensions, interest rate reductions, and low-interest loan measures for affected individuals.

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GENERAL

Steps prepared to ease conflict's economic impact along Thai-Cambodian border

Published on 25/07/2025

» The Finance Ministry has issued measures to alleviate the economic impact on communities along the Thai-Cambodian border by implementing debt suspensions, interest rate reductions, and low-interest loan measures for affected individuals.

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GENERAL

Geographical reach of pico-finance businesses to be expanded

Business, Wichit Chantanusornsiri, Published on 23/07/2025

» The Finance Ministry is in the process of revising its ministerial announcement to expand the geographical scope of the pico-finance business to better serve small-scale borrowers and draw informal lenders into the formal financial system.