Showing 1 - 10 of 14
Bid to halt financial fraud intensifies
Business, Somruedi Banchongduang, Published on 15/03/2025
» Regulatory authorities are taking proactive measures to block mule accounts associated with legal entities, with the number of blocked accounts expected to rise by more than 1,000 in the near future.
Ttb expects more clients to utilise 'You Fight, We Help'
Business, Somruedi Banchongduang, Published on 13/03/2025
» TMBThanachart Bank (ttb) anticipates an increase in customer participation in the "You Fight, We Help" debt relief scheme, which is designed to assist households in easing their debt burden amid slower economic growth.
SCB, ttb expecting debt relief scheme to expand
Business, Somruedi Banchongduang, Published on 28/02/2025
» Siam Commercial Bank (SCB) and TMBThanachart Bank (ttb) expect more customers to participate in the "You Fight, We Help" debt relief scheme after the registration period was extended.
Local bank loans shrink the most in 15 years
Business, Somruedi Banchongduang, Published on 19/02/2025
» The banking industry recorded its highest level of loan contraction in 15 years in 2024, driven by tighter loan approvals amid borrowers' weaker debt repayment ability, according to an executive at the Bank of Thailand.
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.
BoT focusing on digital innovation
Business, Somruedi Banchongduang, Published on 19/10/2021
» The Bank of Thailand (BoT) is developing the country's financial ecosystem by balancing financial stability and technology development to transform the financial sector into the digital era.
Debt aid scheme directed at credit cards, personal loans
Business, Somruedi Banchongduang, Published on 11/02/2021
» The Bank of Thailand (BoT) has added consumer loan solutions to cover debtors involved with the legal system through an online debt mediation scheme.
BoT carves out e-KYC path for banking
Business, Somruedi Banchongduang, Published on 08/02/2020
» Digital deposit account opening using electronic Know Your Customer (e-KYC) technology for identity verification is expected to be rolled out this year, enabling consumers and the unbanked easier access to financial services, according to a senior official at the Bank of Thailand.
Cashless movement picks up steam
Somruedi Banchongduang, Published on 01/08/2019
» Online payments are growing exponentially as banks and tech firms enter the segment