Showing 1 - 10 of 107
Central bank reassessing consumer lending rules
Business, Somruedi Banchongduang, Published on 01/08/2024
» The Bank of Thailand is reviewing its regulations on loan-to-value (LTV) ratios for mortgage loans and minimum payments for credit cards amid the weakened debt servicing ability of individual borrowers.
Robust growth targets amidst stronger scrutiny
Business, Somruedi Banchongduang, Published on 30/03/2024
» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (Krungsri), is committed to prioritising responsible lending practices to control asset quality, even as it sets ambitious growth goals for 2024.
Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
K-Research puts GDP gain at 3.1%
Business, Somruedi Banchongduang, Published on 13/12/2023
» Kasikorn Research Center (K-Research) predicts GDP growth of 3.1% next year, with expansion of 3.6% possible if the 10,000-baht digital wallet handout is implemented.
Central bank expects easing of loan growth
Business, Somruedi Banchongduang, Published on 15/06/2023
» The Bank of Thailand expects loan growth in the banking industry to slow as demand eases, though rising interest rates should not be a key factor dampening loan expansion.
Personal loans soar amid economic woes
Business, Somruedi Banchongduang, Published on 18/05/2022
» The commercial banking sector showed strong growth in the personal loan category during the first quarter this year because of greater household demand for liquidity to support daily spending needs amid the economic doldrums.
KBank introduces green loan project
Business, Somruedi Banchongduang, Published on 18/02/2022
» Kasikornbank (KBank) launched the Go Green Together project yesterday to serve both retail and corporate customers as part of its effort to build the country's green ecosystem.
Heng Leasing readies listing on stock exchange
Business, Somruedi Banchongduang, Published on 18/08/2021
» Heng Leasing and Capital Plc, a consumer loan firm, plans to list on the Stock Exchange of Thailand (SET) and expand its consumer loan products nationwide.
BoT launches car loan debt programme
Business, Somruedi Banchongduang, Published on 02/06/2021
» The Bank of Thailand has implemented a new auto loan debt mediation programme, aiming to help 100,000 borrowers ease their debt burden during the pandemic.
Campaigns aim to ease auto loan stress
Business, Somruedi Banchongduang, Published on 08/02/2021
» Auto loan providers have launched new debt restructuring packages to control non-performing loans (NPLs) after forecasting higher bad debts in the first quarter due to the impact of the pandemic.