Showing 1 - 10 of 17
Bad loan risk rising in four key business sectors
Somruedi Banchongduang, Published on 15/08/2025
» Four key business sectors in Thailand are showing signs of weaker debt repayment capabilities, with the challenge likely to extend to larger business operators, according to Kasikorn Research Center (K-Research).
IMF pushes for stronger Thai financial security
Business, Somruedi Banchongduang, Published on 11/04/2025
» The International Monetary Fund (IMF) is urging Thailand to strengthen household financial security to mitigate the country's persistently high household debt.
KBank to transfer B60bn of bad loans
Business, Somruedi Banchongduang, Published on 01/02/2025
» Kasikornbank (KBank) plans to transfer bad assets worth around 60 billion baht to its new joint venture asset management company (JV-AMC) by 2026, reducing the bank's non-performing loans (NPLs).
Banks urged to back debt-relief scheme
Business, Somruedi Banchongduang, Published on 21/01/2025
» The Bank of Thailand has urged banks to proactively contact all eligible borrowers under the government's "You Fight, We Help" debt relief scheme and to enhance communication efforts after a lower-than-expected number of debtors registered for the programme.
Many debt relief registrants ineligible
Business, Somruedi Banchongduang, Published on 20/01/2025
» A large number of borrowers have registered for the "You Fight, We Help" debt relief scheme one month after its implementation, but many do not qualify to participate in the programme, according to bankers.
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.
Silver lining in the debt deluge
Business, Somruedi Banchongduang, Published on 19/02/2022
» Sukhumvit Asset Management Company (SAM) is optimistic non-performing loans (NPLs) in the hotel and tourism-related sectors can be contained as some investors are keen to extend fresh funding for properties with potential in preparation for the medical tourism trend when travel ramps back up again.
SCB ready to extend relief to hospitality
Business, Somruedi Banchongduang, Published on 05/03/2021
» Siam Commercial Bank (SCB) is ready to prolong its debt holiday programme for the hospitality business in case the Bank of Thailand does not extend its targeted debt relief measures due to expire in June.
BoT's Debt Clinic expands criteria
Business, Somruedi Banchongduang, Published on 04/02/2020
» The Bank of Thailand has relaxed conditions for its Debt Clinic, a scheme that pools unsecured bad loans owed to multiple creditors, to cover cases that have a single debtor and expanded qualified creditors to specialised financial institutions (SFIs) to step up efforts to keep a lid on bad loans.
Millennials mired in shopping debts
Business, Somruedi Banchongduang, Published on 26/11/2019
» Thai millennials' spending on 'must-have items' amounts to 1.37 trillion baht a year, representing 13% of the country's GDP, and half of them owe debts, while one-fifth of debtors have defaulted, according to TMB Analytics.