Showing 1 - 5 of 5
Fitch slashes assessment for banking sector to neutral
Business, Somruedi Banchongduang, Published on 21/06/2024
» Fitch Ratings has downgraded the outlook for the Thai banking sector to neutral from improving, citing a subdued pace of economic recovery that is likely to constrain earnings growth.
Campaigns aim to ease auto loan stress
Business, Somruedi Banchongduang, Published on 08/02/2021
» Auto loan providers have launched new debt restructuring packages to control non-performing loans (NPLs) after forecasting higher bad debts in the first quarter due to the impact of the pandemic.
BoT prepares debt package as second phase nears expiry
Business, Somruedi Banchongduang, Published on 15/10/2020
» The Bank of Thailand plans to implement an additional debt restructuring package using targeted measures to help borrowers during the pandemic as the second-phase debt relief scheme expires.
SCB eyes aid extension for tourism clients
Business, Somruedi Banchongduang, Published on 09/10/2020
» Siam Commercial Bank (SCB) expects some clients from the tourism business segment to need extended debt relief measures after the scheme expires this month, as many businesses remain hampered by the pandemic.
Hi-Way maintains 2020 branch expansion plan
Business, Somruedi Banchongduang, Published on 26/06/2020
» Tisco Financial Group's microfinance arm, Hi-Way Co, is maintaining its branch network expansion plan for this year, though its business target could be revised in light of the pandemic.