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Search Result for “credit card debt”

Showing 1 - 10 of 676

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GENERAL

Thai govt planning unit sounds alarm on 'buy now, pay later' trend

Business, Wichit Chantanusornsiri, Published on 25/08/2025

» The government’s planning unit has expressed concern over the growing trend of “buy now, pay later” (BNPL) consumption through online platforms, which has now spread to cover instalment payments for food and fuel expenses, stimulating households to take on excessive debt.

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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

Unsecured loan sector projected to remain flat

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

» The unsecured loan sector is expected to record flat growth this year, in line with economic conditions and weaker consumer confidence.

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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. 

GENERAL

UOB Thailand forecasts zero mortgage growth

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

» UOB Thailand expects flat growth for its mortgage portfolio this year for the first time in several decades, in line with a contraction in the property market.

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THAILAND

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.

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THAILAND

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.

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GENERAL

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.

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GENERAL

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.