Showing 1 - 8 of 8
Banks preparing to suspend interest fees
Business, Somruedi Banchongduang, Published on 07/11/2024
» The Thai Bankers' Association (TBA) is implementing a new debt restructuring programme covering borrowing valued at 1.4 trillion baht, aimed at alleviating household debt over three years.
Call for national asset management firm
Business, Somruedi Banchongduang, Published on 17/09/2024
» SCB EIC, the research centre under Siam Commercial Bank (SCB), says the government should establish a national asset management company (AMC) to prepare for a potential increase in non-performing loans (NPLs) within the banking industry.
Credit bureau chief clarifies changes to blacklist rules
Business, Somruedi Banchongduang, Published on 31/05/2024
» The National Credit Bureau (NCB) says it has the authority to reduce the time bad debtors remain on its credit blacklist, currently eight years, with the decision resting with the Committee for the Protection of Credit Information.
Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
Knowing your expertise
Business, Somruedi Banchongduang, Published on 10/07/2021
» Tisco Financial Group plans to leverage its expertise in auto lending and wealth management to grow its businesses once the pandemic is controlled, chief executive Sakchai Peechapat told the Bangkok Post in an exclusive interview.
BoT offers new debt repayment phase
Business, Somruedi Banchongduang, Published on 14/05/2021
» The Bank of Thailand is set to announce phase 3 of its debt restructuring measures for individual borrowers on Friday to help ease hardships stemming from the impact of the third wave of Covid-19.
Job woes add to swelling debt load
Business, Somruedi Banchongduang, Published on 23/10/2020
» A rising under-employment rate driven by the Covid-19 crisis will further aggravate the country's swelling household debt and borrowers' debt-servicing struggles, says the Bank of Thailand chief.
BoT adds debt restructure option
Business, Somruedi Banchongduang, Published on 02/09/2020
» The Bank of Thailand is allowing unsecured loan borrowers to use collateral stemming from mortgage loans for debt restructuring through debt consolidation, with lower interest rates charged.