Showing 1 - 7 of 7
Growth to hit new depths
Somruedi Banchongduang, Published on 29/01/2026
» Thailand's economic growth this year is set to sink to a decade-long low, excluding the Covid-19 shock, as deep-seated structural problems, corruption and grey capital continue to weigh on the economy, Bank of Thailand governor Vitai Ratanakorn has warned.
Banks still discussing JV-AMC feasibility
Business, Somruedi Banchongduang, Published on 20/02/2023
» Banks remain interested in setting up joint venture asset management companies (JV-AMCs) as an option to manage their non-performing loans (NPLs).
Bank of Thailand prepared to ease LTV constraints
Business, Somruedi Banchongduang, Published on 08/01/2020
» The Bank of Thailand stands ready to further ease the loan-to-value (LTV) regulations governing mortgage lending in areas that are considered harmful to homebuyers, says the central bank's chief.
SCB unscathed by Mae Manee scam
Business, Somruedi Banchongduang, Published on 31/10/2019
» Even though the multi-billion-baht Mae Manee Ponzi scheme used the same name as a character Siam Commercial Bank (SCB) uses to build customer awareness, the bank insists its reputation has not been affected as victims recognise the difference between the investment fraud scheme and the bank.
BoT mulls new methods to curb debt service ratio
Business, Somruedi Banchongduang, Published on 20/04/2019
» The Bank of Thailand has floated the idea of curbing the debt service ratio (DSR) by requiring lenders to change the computation method based on a borrower's overall debt repayment ability instead of each lending product as a means to control household debt and eliminate financial stability risks.
SCB hikes SME loan top rate
Business, Somruedi Banchongduang, Published on 19/01/2019
» Siam Commercial Bank (SCB) has widened the ceiling rate on commercial loans to small business operators to 28% in a move to prepare for expanding to digital lending.
Bank system crash blamed on glitch
Business, Somruedi Banchongduang, Published on 01/09/2018
» Banks' electronic money transfers, withdrawals and payment services crashed for several hours on Friday, with the blame laid on heavy interbank money transfers typically made at the end of the month at large banks.