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BUSINESS

Bad loans up for sale dipped by 36% in 2025

Business, Somruedi Banchongduang, Published on 07/03/2026

» The sale of non-performing loans (NPLs) by the banking industry declined by more than 30% last year as banks tightened their management of new bad loans and awaited support measures from the Bank of Thailand.

BUSINESS

Auto loans seen contracting again in 2025

Somruedi Banchongduang, Published on 07/02/2025

» Kiatnakin Phatra Financial Group (KKP), the holding company of Kiatnakin Bank, anticipates auto loans contracting for a second consecutive year in 2025, pressured by a sluggish automotive industry.

BUSINESS

Debt relief scheme seen as too small to impact bank ratings

Business, Somruedi Banchongduang, Published on 24/12/2024

» The government's latest debt relief scheme is unlikely to affect the credit rating of Thailand's banking industry in 2025 due to the modest scope of the measures, according to Fitch Ratings Thailand.

BUSINESS

Succession a top priority among Thai family businesses

Business, Somruedi Banchongduang, Published on 19/07/2024

» The second generation of Thai family businesses has a higher succession rate than the global average, but digital expertise remains a critical requirement for them, according to Kasikornbank (KBank).

BUSINESS

‘Buy now, pay later’ abuse under scrutiny

Somruedi Banchongduang, Published on 07/05/2024

» The National Credit Bureau (NCB) is calling on providers of buy now, pay later (BNPL) services to improve risk controls to prevent misuse of the system to create informal loans.

BUSINESS

Thai borrowers top global rankings for greatest fragility

Somruedi Banchongduang, Published on 19/02/2024

» Thailand ranks top in terms of fragile borrowers compared with other countries, and is seeking debt assistance measures from the Bank of Thailand.

BUSINESS

LHFG to expand Taiwan loan portfolio

Business, Somruedi Banchongduang, Published on 03/03/2023

» Land and Houses Financial Business Group (LHFG), a holding company of LH Bank, aims to grow its Taiwanese banking business more aggressively this year, boosted by manufacturing relocation by multinational and Taiwanese firms to Asean amid deglobalisation.

BUSINESS

Banks post improved profits last year

Business, Somruedi Banchongduang, Published on 22/01/2022

» The local banking sector reported higher net profit for 2021 thanks to lower loan-loss provisions and improved operating profit, despite challenging economic conditions given the impact of the prolonged pandemic.

BUSINESS

Lockdown to hurt domestic tourism, private consumption

Business, Somruedi Banchongduang, Published on 10/07/2021

» The government's lockdown order and tighter controls will mostly affect private consumption and domestic tourism, says Amonthep Chawla, head of research at CIMB Thai Bank (CIMBT).

BUSINESS

World Bank rings alarm on GDP view

Business, Somruedi Banchongduang, Published on 18/01/2020

» The World Bank has warned that Thailand's average annual economic growth will be stuck below 3% if there is no significant increase in investment and productivity growth.