Showing 1 - 8 of 8
Visa card spending per visitor rises in Thailand
Business, Somruedi Banchongduang, Published on 24/05/2025
» Visa Thailand has observed slower growth in Visa card payments made by inbound tourists, in line with stagnant foreign tourist arrivals.
SCB, ttb expecting debt relief scheme to expand
Business, Somruedi Banchongduang, Published on 28/02/2025
» Siam Commercial Bank (SCB) and TMBThanachart Bank (ttb) expect more customers to participate in the "You Fight, We Help" debt relief scheme after the registration period was extended.
Credit card firms to meet BoT as debt accumulates
Business, Somruedi Banchongduang, Published on 05/10/2022
» The Credit Card Club, a unit of the Thai Bankers' Association, plans to meet with the Bank of Thailand to share information about the credit card market to address the regulator's concerns over rising household debt stemming from unsecured loans.
Credit card spending headed for 2020 decline
Business, Somruedi Banchongduang, Published on 13/08/2020
» Annual credit card spending is expected to contract this year because of the coronavirus crisis, particularly for outbound spending, due to the government's prohibition on cross-border travel.
NCB: Youth piling up debt
Business, Somruedi Banchongduang, Published on 30/09/2019
» The number of credit-eligible Gen Z applicants for credit cards increased significantly in the second quarter, suggesting that this generation is piling up debt, according to National Credit Bureau (NCB) data.
Debt Clinic ready to cure thousands
Business, Somruedi Banchongduang, Published on 08/05/2019
» The Bank of Thailand expects tens of thousands of debtors who have defaulted to join its Debt Clinic, a scheme that pools unsecured bad loans owed to multiple creditors, covering 19 non-bank companies.
Bank of Thailand extends debt clinic
Business, Somruedi Banchongduang, Published on 13/02/2019
» The Bank of Thailand expects debtors at non-bank financial institutions to participate in the central bank’s Debt Clinic by the second quarter of this year.
AEONTS steps into used car segment
Business, Somruedi Banchongduang, Published on 06/02/2018
» Aeon Thana Sinsap Thailand Plc (AEONTS), a hire-purchase lender for household products and a credit card issuer, has branched into used car loans to capitalise on strong growth in the business.