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Search Result for “informal loan”

Showing 1 - 10 of 14

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GENERAL

‘Buy now, pay later’ abuse under scrutiny

Somruedi Banchongduang, Published on 07/05/2024

» The National Credit Bureau (NCB) is calling on providers of buy now, pay later (BNPL) services to improve risk controls to prevent misuse of the system to create informal loans.

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GENERAL

Call for better integration of the informal economy

Business, Somruedi Banchongduang, Published on 20/02/2024

» The Thai Bankers' Association (TBA) is urging the government to bring the informal economy into the economic system to promote transparency and support the country's digital economy.

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GENERAL

Banks to hold interest rates steady

Somruedi Banchongduang, Published on 07/12/2023

» The Thai Bankers’ Association (TBA) has signalled that its members would hold prime interest rates steady, in line with the Bank of Thailand’s policy rate, as the US Federal Reserve plans to start cutting rates next year.

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GENERAL

Troubled debt set to exceed B1tn

Business, Somruedi Banchongduang, Published on 29/11/2023

» The National Credit Bureau (NCB) estimates by year-end, debts in the troubled debt restructuring (TDR) programme could exceed 1 trillion baht as a result of the weaker repayment ability of borrowers.

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GENERAL

Troubled debt set to exceed B1 trillion

Somruedi Banchongduang, Published on 28/11/2023

» The National Credit Bureau (NCB) has estimated by year-end, debts in the troubled debt restructuring (TDR) programme could exceed 1 trillion baht as a result of the weaker repayment ability of borrowers.

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GENERAL

SCB X turns to digital in effort to fend off loan sharks

Business, Somruedi Banchongduang, Published on 06/10/2023

» SCB X believes its digital loan services can provide underserved customers with greater access to financial sources at fair prices, easing the country's loan shark problem.

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GENERAL

Debt problem getting worse, say analysts

Somruedi Banchongduang, Published on 15/09/2023

» The proportion of heavily indebted borrowers has soared to 30% of all unsecured loan debtors, according to ttb analytics.

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BUSINESS

Line BK maintains data development goal

Business, Somruedi Banchongduang, Published on 25/02/2023

» After operating for more than two years, Line BK, a social banking collaboration between Kasikornbank (KBank) and Line Corporation, aims to book a net profit in 2024.

BUSINESS

BoT develops digital system for better SME funding access

Business, Somruedi Banchongduang, Published on 19/09/2020

» The Bank of Thailand has been developing digital technology to help small and medium-sized enterprises (SMEs) more easily access funding sources and improve their business potential and competitiveness in preparation for the new phase after the pandemic.

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BUSINESS

Individual banking agent licences studied

Business, Somruedi Banchongduang, Published on 14/10/2019

» The Bank of Thailand wants to grant individual banking agent licences for basic financial transactions to broaden consumer alternatives in accessing financial services.