Showing 1 - 10 of 30
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.
GSB told to ease up on informal debtors
Business, Wichit Chantanusornsiri, Published on 19/02/2024
» The Finance Ministry has ordered the Government Savings Bank (GSB) to consider relaxing conditions for informal debtors, says Deputy Finance Minister Krisada Chinavicharana.
Debt aid measures are implemented
Business, Phusadee Arunmas, Published on 03/01/2024
» The debt suspension and relief programme for small and medium-sized enterprises (SMEs) has kicked off as part of the government's commitment to address the problem.
High debt remains key concern
Business, Published on 18/12/2023
» Government efforts to tackle informal debt and loan sharks are a good starting point to reduce the household debt crisis, but this could prove a strenuous task, say researchers and industry leaders.
How to bring 'slave master' lenders to heel
Published on 10/12/2023
» The scale of Thailand's informal debt has captured the government's attention, prompting it to declare the matter a national agenda issue and roll out a nationwide programme for debtors to register for help.
Loan sharks now targeted by Srettha
News, Apinya Wipatayotin, Published on 09/12/2023
» The government has declared a crackdown on illegal loans and loan sharks as a national priority.
Rethink debt servicing
News, Editorial, Published on 01/12/2023
» Informal debt has been a chronic problem in Thai society, affecting a large number of people, particularly low-income earners.
FPO requests debt restructuring
Business, Wichit Chantanusornsiri, Published on 29/06/2023
» The Fiscal Policy Office (FPO) is calling on state financial institutions and commercial banks to implement debt restructuring measures to reduce the debt repayment burden rather than extending the repayment period, says director-general Pornchai Thiraveja.
BoT to amend guideline on responsible lending
Business, Somruedi Banchongduang, Published on 27/09/2022
» The Bank of Thailand will implement an amended guideline on responsible lending within this year to improve borrowers' debt repayment ability as a part of continued efforts to contain household debt.
BoT opens up Debt Clinic services to more borrowers
Business, Somruedi Banchongduang, Published on 13/09/2022
» The Bank of Thailand has eased the conditions of the Debt Clinic's unsecured loan restructuring programme to let more borrowers apply for debt solutions, with additional restructuring options.