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Bad mortgage loans rise amid rate hikes

Business, Somruedi Banchongduang, Published on 23/05/2023

» Non-performing mortgage loans (NPLs) increased in the first quarter of this year due to rising interest rates, with the Bank of Thailand encouraging banks to help borrowers through debt restructuring.

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PROPERTY

Inflation, rate hikes to hit housing sector

Business, Somruedi Banchongduang, Published on 16/06/2022

» The Housing Finance Association expects rising inflation and interest rate hikes to dampen demand for property and mortgages this year.