Showing 1 - 10 of 23
Landmark Thai loan contraction predicted
Somruedi Banchongduang, Published on 25/12/2024
» The Thai banking sector is expected to experience its first loan contraction in 15 years in 2024, driven by higher debt repayments by borrowers and tighter lending by creditors, according to Kasikorn Research Center (K-Research).
Major creditors support Italian-Thai Development
News, Somruedi Banchongduang, Published on 18/04/2024
» Major creditors have agreed to infuse fresh liquidity into cash-strapped Italian-Thai Development (ITD) Plc, to support the company's business operations without requiring a rehabilitation plan.
SCB, Krungthai prepare for potential Italian-Thai loan losses
Business, Somruedi Banchongduang, Published on 10/04/2024
» Siam Commercial Bank (SCB) and Krungthai Bank (KTB) have allocated provisions for potential loan losses related to Italian-Thai Development Plc (ITD), aligning with the asset quality of one of the country's leading contractors.
Banking on responsible lending
Business, Somruedi Banchongduang, Published on 18/11/2023
» As authorities try to ease swelling household debt, the Bank of Thailand plans to implement responsible lending guidelines to improve loan quality in the financial system, starting on Jan 1, 2024.
How interest rates affect household debt
Business, Somruedi Banchongduang, Published on 09/11/2023
» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.
Credit bureau: Bad loans exceeded B1tn in Q2
Business, Somruedi Banchongduang, Published on 10/08/2023
» Non-performing loans (NPLs) measured by the National Credit Bureau reached 1 trillion baht in the second quarter this year, the highest in 12 months, says a bureau executive.
Lenders queue up for chance to offer digital loan service
Business, Somruedi Banchongduang, Published on 22/08/2022
» The provision of digital personal loans has been expanding in response to the financial behaviours of consumers in the digital era, creating opportunities for low-income earners to access financial sources.
Easy loans for all
Business, Somruedi Banchongduang, Published on 08/08/2022
» Major banks have continued to tap the underbanked, aiming to promote financial inclusion and further expand their customer base.
Heng considers expansion plans after SET listing
Business, Somruedi Banchongduang, Published on 20/11/2021
» Consumer loan provider Heng Leasing and Capital Plc (Heng) will expand its business through an inorganic growth strategy, the company's chief executive Sutharntip Phisitbuntoon said in an exclusive interview with the Bangkok Post.
BoT relaxes assistance measures
Business, Somruedi Banchongduang, Published on 21/08/2021
» The Bank of Thailand has relaxed its debt assistance measures to help entrepreneurs and individual borrowers during the prolonged pandemic.