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Search Result for “pico-finance licences”

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GENERAL

Ministry rebuffs reports of returned pico-finance licences

Business, Wichit Chantanusornsiri, Published on 16/06/2025

» The Finance Ministry has dismissed reports suggesting a growing number of business operators are returning their pico-finance licences due to an increase in non-performing loans (NPLs).

BUSINESS

GSB non-bank unit to kick off in 2023

Business, Wichit Chantanusornsiri, Published on 07/11/2022

» The Government Savings Bank's (GSB) non-bank subsidiary is expected to start operation in the second half of next year, says GSB president Vitai Ratanakorn.

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BUSINESS

Local tourism stimulus goes under review for third phase

Business, Wichit Chantanusornsiri, Published on 31/10/2019

» The Finance Ministry will take one month to evaluate whether a third phase of the Chim, Shop, Chai (taste, shop, spend) scheme is still needed.

BUSINESS

Picofinance draws interest

Business, Wichit Chantanusornsiri, Published on 02/08/2019

» More than 1,000 applicants have applied for picofinance licences from the Finance Ministry since the process was opened in 2016, with around 600 securing licences.

BUSINESS

Pico-financiers to double loan ceiling

Business, Wichit Chantanusornsiri, Published on 23/04/2019

» The Finance Ministry has approved pico-finance operators doubling the lending ceiling to 100,000 baht per borrower, but they are required to have at least 10 million baht in registered capital.

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BUSINESS

Pico operators ask to double loan limits

Business, Darana Chudasri, Published on 07/03/2019

» The Pico Finance Thailand Association has asked the Finance Ministry's Fiscal Policy Office (FPO) to double the lending ceiling for picofinance operators to 100,000 baht per borrower to better serve demand.

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BUSINESS

Auto title loan firms face new rules

Business, Somruedi Banchongduang, Published on 26/01/2019

» The Bank of Thailand expects the amended regulations governing auto title loans, including a cap on interest rates and practical guidelines for operators, to take effect next month.

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THAILAND

Fairer debt collection fees urged

News, Penchan Charoensuthipan, Published on 10/10/2018

» Consumer rights advocates have urged the government to roll out rules for fair debt collection fees, saying some are still resorting to unscrupulous tactics.

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BUSINESS

BoT to beef up protections for car refinancing

Business, Somruedi Banchongduang, Published on 28/09/2018

» The Bank of Thailand is set to issue regulations on auto refinancing in November aimed at standardising and creating fair practices for consumers.

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BUSINESS

Ministry aids banks in loan shark fight

Business, Wichit Chantanusornsiri, Published on 19/08/2017

» The Finance Ministry plans to seek cabinet approval to let two state-owned banks raise their budget for refinancing loan shark debts, as their entire 10-billion-baht credit facility has been nearly drawn down.