BUSINESS

BoT's Debt Clinic expands criteria

Business, Somruedi Banchongduang, Published on 04/02/2020

» The Bank of Thailand has relaxed conditions for its Debt Clinic, a scheme that pools unsecured bad loans owed to multiple creditors, to cover cases that have a single debtor and expanded qualified creditors to specialised financial institutions (SFIs) to step up efforts to keep a lid on bad loans.