Showing 31 - 40 of 121
BoT blames easy loans for household debt woes
Business, Somruedi Banchongduang, Published on 17/09/2019
» Zero-interest unsecured loans and online shopping are blamed for the country's swelling household debt, says the Bank of Thailand's chief.
Bank of Thailand mulls relaxing LTV rule
Business, Somruedi Banchongduang, Published on 15/08/2019
» The Bank of Thailand is considering relaxing the loan-to-value (LTV) regulations governing mortgage lending by refraining from requiring co-signers.
Measures to curb hot money ahead
Business, Somruedi Banchongduang, Published on 27/06/2019
» The Bank of Thailand is set to implement measures to curb hot-money inflows after the baht recently rallied to a more than six-year high.
Thailand sidesteps US watch list
Business, Somruedi Banchongduang, Published on 30/05/2019
» Although Thailand managed to avoid a place on the US watch list for currency manipulation, the Bank of Thailand is still wary on the matter after the US Treasury tightened its criteria, says the central bank's chief.
Loan curbs likely to see amendment
Business, Somruedi Banchongduang, Published on 28/03/2019
» The Bank of Thailand will likely amend the soon-to-be implemented mortgage lending curbs after they take effect, depending on speculative behaviour, credit quality and the financial accessibility of homebuyers.
KBank focuses on mortgages
Business, Somruedi Banchongduang, Published on 13/03/2019
» Kasikornbank (KBank), the country's second largest lender by assets, is focusing on mortgage refinancing as it aims to improve loan quality and tap new customers.
CIMBT pioneers electric motorcycle loans via WorldLease
Business, Somruedi Banchongduang, Published on 27/02/2019
» CIMB Thai (CIMBT) has become the country's first bank to offer loans for electric motorcycles.
BoT holds off on second rate hike
Business, Somruedi Banchongduang, Published on 07/02/2019
» Rising anxiety over swelling household debt has prompted the Bank of Thailand's rate-setting committee to pause hikes Wednesday after December's tightening, which was meant to ward off potential financial stability risks.
BAY forecasts 10% decline in new mortgages in 2019
Business, Somruedi Banchongduang, Published on 04/02/2019
» New housing loans are expected to shrink by 10% this year, dragged by the central bank's stringent mortgage lending rules and weaker condominium demand from Chinese buyers, says a senior executive at Bank of Ayudhya (BAY).
BoT frets over condo supply risk
Business, Somruedi Banchongduang, Published on 11/01/2019
» The Bank of Thailand is concerned about the risk of weaker demand for condominiums from foreigners, Chinese buyers in particular, as the global economy slows, the central bank's chief says.