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Bad debt scheme to be launched in New Year
Business, Somruedi Banchongduang, Published on 12/11/2025
» The government plans to roll out the new debt resolution programme "Clear Debt, Move Forward" in January next year, offering measures such as interest payment waivers and reductions of principal for qualified borrowers.
Debt Clinic's second phase meets with success
Business, Somruedi Banchongduang, Published on 15/10/2019
» Debt Clinic, the Bank of Thailand's scheme that pools unsecured bad loans owed to multiple creditors to turn them into performing assets, managed to achieve its target of making 10% of participants pay off the debt.