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Search Result for “Unnecessary Drama”

Showing 1 - 10 of 13

BUSINESS

Household debt to limit bank growth

Business, Somruedi Banchongduang, Published on 07/01/2026

» Thailand's elevated household debt is set to remain a key constraint on banking sector expansion in 2026, even as major domestic banks continue to target positive loan growth to support economic momentum.

BUSINESS

MPC calls for human capital investment

Business, Somruedi Banchongduang, Published on 23/01/2024

» Thailand needs human capital investment for sustained growth in the long term amid the sluggish economy post-pandemic, says a member of the Bank of Thailand's Monetary Policy Committee (MPC).

BUSINESS

Governor says BoT poised to handle baht volatility

Business, Somruedi Banchongduang, Published on 05/10/2023

» The Bank of Thailand is ready to handle baht volatility if fluctuations exceed the country's economic fundamentals, says the central bank's chief.

BUSINESS

Economists weigh in on poll winners

News, Somruedi Banchongduang, Published on 16/05/2023

» The banking sector is recommending the new government prioritise elevating the country's competitiveness through the stimulation of consumption, tourism and private investment.

BUSINESS

Applications for hotel asset warehousing scheme decrease

Business, Somruedi Banchongduang, Published on 30/11/2022

» The total number of hoteliers affected by the Covid-19 pandemic applying for the central bank's asset warehousing scheme has declined thanks to the rebound in the tourism sector, according to an executive at the Bank of Thailand (BoT).

BUSINESS

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.

BUSINESS

Central bank tackling rise in unsecured loans

Business, Somruedi Banchongduang, Published on 04/10/2022

» The Bank of Thailand plans to ask both banks and non-banks to cease encouraging unnecessary borrowing of unsecured loans early next year as it wants to see the ratio of household debt to be at a level not exceeding 80% of GDP.

BUSINESS

TBA sees likelihood of rising bad loans

Business, Somruedi Banchongduang, Published on 05/03/2020

» The Thai Bankers' Association (TBA) expects non-performing loans (NPLs) to keep rising and says banks may need to set aside additional reserves for credit losses this year.

BUSINESS

SCB waits on new Myanmar licence

Business, Somruedi Banchongduang, Published on 28/02/2020

» Siam Commercial Bank plans to open its first branch in Myanmar this year if the Central Bank of Myanmar (CBM) grants a bank subsidiary licence, says a SCB senior official.

BUSINESS

Bankers seek further relief as outbreak hits borrowers

Business, Somruedi Banchongduang, Published on 21/02/2020

» The Thai Bankers' Association (TBA) is set to ask the central bank for a further easing of requirements for loan-loss provisions after banks offered relief measures to customers affected by the coronavirus crisis.