Showing 1 - 10 of 32
KTC to transfer bad loans to SAM
Business, Somruedi Banchongduang, Published on 16/12/2025
» Krungthai Card (KTC), a non-bank subsidiary of Krungthai Bank, is preparing to transfer non-performing loans (NPLs) to Sukhumvit Asset Management (SAM) next year as part of the authorities' new debt resolution scheme.
Bad debt scheme to be launched in New Year
Business, Somruedi Banchongduang, Published on 12/11/2025
» The government plans to roll out the new debt resolution programme "Clear Debt, Move Forward" in January next year, offering measures such as interest payment waivers and reductions of principal for qualified borrowers.
Bankers back scheme to aid small debtors
Somruedi Banchongduang, Published on 04/11/2025
» The Thai Bankers’ Association (TBA) says it will support the government’s new debt resolution programme, in which asset management companies (AMCs) will play the lead role.
Finno Efra preps for listing
Business, Somruedi Banchongduang, Published on 20/08/2024
» Krungsri Finnovate (KFin), the corporate venture capital arm of Bank of Ayudhya (Krungsri), has partnered with EfraStructure Co to launch a private equity trust aimed at supporting local startups and investing in tech startups across Asean.
Escaping the debt cycle
Business, Somruedi Banchongduang, Published on 15/07/2024
» A 25-year-old woman's struggles with debt of 307,000 baht went viral on social media recently when she asked for advice on how to manage what she owed. She earns 22,000 baht per month, with 6,000 baht going towards rent and 3,000 baht monthly for motorcycle loan payments.
Debt Clinic sees surge in applicants in Q1
Somruedi Banchongduang, Published on 13/05/2024
» The number of retail borrowers seeking assistance via the central bank’s Debt Clinic programme surged by 43% in the first quarter, indicating a growing resolve among financially vulnerable individuals to address non-performing loans (NPLs).
KFIN to push investment in tech startups
Business, Somruedi Banchongduang, Published on 11/12/2023
» Krungsri Finnovate Co (KFIN), a corporate venture capital arm of Bank of Ayudhya (Krungsri), plans to expand investment in tech startups in regional markets to support its parent company's business operations in Asean.
Investors eyeing tech startups
Business, Somruedi Banchongduang, Published on 13/06/2023
» Japanese investors are interested in Thai tech startups, supporting their business expansion to regional markets, says an executive of Bank of Ayudhya (Krungsri).
Krungsri upbeat on digital baht
Business, Somruedi Banchongduang, Published on 12/06/2023
» The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.
Venture capital cautious following SVB collapse
Business, Somruedi Banchongduang, Published on 15/03/2023
» Local venture capital (VC) firms have raised their guard against investment in fintech and startups following the Silicon Valley Bank (SVB) fallout in the US.