Showing 21 - 30 of 3,969
Krungsri Consumer predicts uptick in credit card loans
Business, Somruedi Banchongduang, Published on 30/08/2024
» Krungsri Consumer, the unsecured loan unit of Bank of Ayudhya (Krungsri), anticipates a rise in credit card loans during the second half of this year, despite a sluggish economy and an increase in the minimum payment requirement for credit cards.
Ttb aims to contain consumer NPLs
Business, Somruedi Banchongduang, Published on 30/08/2024
» TMBThanachart Bank (ttb) has doubled its debt restructuring portfolio for auto loans in an effort to contain non-performing loans (NPLs) in its consumer finance segment.
Digital handout delay could spark rate cut
Business, Published on 28/08/2024
» The Bank of Thailand could be prompted to cut the policy rate sooner than expected if the new government decides to delay the implementation of the digital wallet policy from the fourth quarter of this year, causing a severe drag on the Thai economy, say analysts.
DUP..Homeowners scramble to pay mortgages as loan levels rise
Business, Published on 28/08/2024
» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.
Mortgage bad-debt rate climbs
Somruedi Banchongduang, Published on 27/08/2024
» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.
Household debt slows in first quarter
Business, Wichit Chantanusornsiri, Published on 27/08/2024
» Household debt growth slowed in the first quarter of 2024, partly due to financial institutions tightening their loan extension criteria, according to the National Economic and Social Development Council (NESDC).
Heavy burden on young shoulders
Business, Published on 26/08/2024
» Paetongtarn Shinawatra's recent ascension to prime minister, following the Constitutional Court's dismissal of her predecessor Srettha Thavisin over ethics violations based on a cabinet appointment, and the dissolution of the progressive Move Forward Party, which won the last election, presents a complex interplay of economic, political and social challenges for the nation.
Central bank chief sets terms for rate cut
Published on 24/08/2024
» The Bank of Thailand (BoT) is open to cutting interest rates if economic and financial conditions warrant such a move, according to governor Sethaput Suthiwartnarueput.
Q2 GDP growth may be misleading
News, Chartchai Parasuk, Published on 22/08/2024
» I eagerly awaited the release of the Q2/2024 GDP growth figure which became available on Monday. The 2.3% growth figure, presented by the Office of the National Economic and Social Development Council (NESDC), did not surprise me. A friend had warned me that the quarterly growth could be as high as 2.5%, even though my estimation for the quarter was only 1.0%.
BoT leaves interest rate unchanged
Business, Somruedi Banchongduang, Published on 22/08/2024
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy rate steady at 2.5% on Wednesday, in line with the local economic recovery.