Showing 1 - 10 of 670
Customer cleared in credit card debt case
News, Post Reporters, Published on 19/07/2025
» The Bangkok South Civil Court has dismissed a lawsuit filed by TMBThanachart Bank (TTB) against a customer who was accused of failing to repay a 370,000-baht credit card debt resulting from an unauthorised transaction.
Ngern Tid Lor Posts Record Profit Amid Sustained Growth
Published on 27/05/2025
» Bangkok, 27 May 2025 – Ngern Tid Lor Public Company Limited (NTL) delivered record-breaking financial results in Q1/2025, reporting a net profit of THB 1,218 million, marking a 10.3% year-on-year increase and 16.6% quarter-on-quarter growth. Total revenue rose 6.2% year-on-year to THB 5,640.4 million, driven by continued expansion in lending and insurance brokerage and supported by robust cost control measures.
Banking loan growth to slump in Q2
Business, Somruedi Banchongduang, Published on 21/05/2025
» Loan growth in the banking sector is expected to slow in the second quarter this year due to rising uncertainty surrounding global trade policies, according to an executive at the Bank of Thailand.
KTC opts to take cautious approach amid obstacles
Business, Somruedi Banchongduang, Published on 06/05/2025
» Krungthai Card (KTC), a leading credit card provider under Krungthai Bank (KTB), anticipates increasing challenges in its personal loan business for the remainder of the year amid economic headwinds.
Central banks eye digital coins
News, Published on 25/04/2025
» Central bank digital currencies (CBDCs) have often been deemed a solution in search of a problem. But US President Donald Trump appears to have provided a rationale for CBDCs, even as he has banned the development of a digital dollar.
SCB X in search of higher profits via wealthier customers
Business, Somruedi Banchongduang, Published on 14/04/2025
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), is entering its third year of operations in 2025.
Ability to pay key to debt restructuring
Oped, Chartchai Parasuk, Published on 03/04/2025
» Last week's earthquake has provided Thais with two valuable lessons. First, Thailand has no national disaster management plan. No government agency seems to have had carefully thought-out plans and procedures to manage the situation. All measures were carried out on an ad-hoc basis. Worse, there appears to be no coordination among various agencies. Thais were left to rely on their own two feet as thousands of Bangkokians had no choice but to walk for hours to their homes when the mass transit railways were shutdown.
Higher incomes record more debt
Business, Phusadee Arunmas, Published on 27/03/2025
» Government employees, farmers and private sector employees are the most indebted, primarily because of home and car purchases, according to a 2024 survey conducted by the Trade Policy and Strategy Office (TPSO).
Thai bad debt soars to all-time high of B1.23 trillion
Published on 21/03/2025
» Bad household debt in Thailand has risen by 25% since the end of 2022, reaching a record-high 1.23 trillion baht as of January this year, according to the National Credit Bureau (NCB).
Thailand may yet embark on region’s most aggressive rate cuts
Published on 21/03/2025
» The Bank of Thailand, which has long resisted interest-rate cuts despite immense political pressure, may end up having to embark on the region’s most aggressive easing cycle as a sluggish economy takes a turn for the worse, according to analysts.