Showing 1 - 10 of 22
Unsecured loan sector projected to remain flat
Business, Somruedi Banchongduang, Published on 20/08/2025
» The unsecured loan sector is expected to record flat growth this year, in line with economic conditions and weaker consumer confidence.
Credit card firms plead for low rate
Business, Somruedi Banchongduang, Published on 07/03/2025
» The Credit Card Club of the Thai Bankers' Association is urging the Bank of Thailand to extend the current minimum payment rate for credit cards until next year.
Executive predicts tough year for credit cards in 2025
Business, Somruedi Banchongduang, Published on 20/12/2024
» The credit card industry is likely to face its most significant challenge in two decades next year, driven by a relatively weak economy, according to the chairman of the Thai Bankers' Association's credit card club.
Credit card default risks surge in first quarter
Business, Somruedi Banchongduang, Published on 09/05/2024
» The risk of default on credit card loans rose significantly in the first quarter this year, driven by the central bank's mandate for a higher minimum payment rate.
Robust growth targets amidst stronger scrutiny
Business, Somruedi Banchongduang, Published on 30/03/2024
» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (Krungsri), is committed to prioritising responsible lending practices to control asset quality, even as it sets ambitious growth goals for 2024.
Credit card firms want to hike top rate
Somruedi Banchongduang, Published on 11/08/2023
» Credit card issuers are planning to ask the Bank of Thailand to raise the maximum interest rate they can charge and to put off an increase in the monthly minimum payment rate.
Banks respond to household debt plan
Business, Somruedi Banchongduang, Published on 28/07/2023
» Financial institutions are ready to comply with the Bank of Thailand's household debt resolution, starting with measures to help reduce persistent debt (PD) from April next year.
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.
Central The1 Credit Card eyes double-digit gains
Business, Somruedi Banchongduang, Published on 01/06/2022
» Central The 1 credit card, a co-branded card from Bank of Ayudhya (Krungsri) and Central Group, is aiming for double-digit growth in all areas this year thanks to higher consumer spending in the upper-income segment.
Owed a real debt of gratitude
News, Somruedi Banchongduang, Published on 22/03/2022
» Nayanee Peaugkham, 54, has spent more than 20 years honing her experience in financial services.