Showing 1 - 10 of 31
Debt sales down 56% as banks wait
Business, Somruedi Banchongduang, Published on 13/11/2025
» Bad debt sales in the banking industry plunged by more than 50% during the first nine months of this year, as both banks and asset management companies (AMCs) adopted a wait-and-see approach ahead of the government's new debt resolution scheme.
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.
Non-banks get go-ahead for asset management ventures
Somruedi Banchongduang, Published on 07/11/2025
» The Bank of Thailand will allow non-bank institutions to establish joint-venture asset management companies (JV-AMCs), expanding on a previous policy that permitted only banks to do so.
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.
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.
KTC preps new core system amid IT rejig
Business, Somruedi Banchongduang, Published on 10/12/2024
» Krungthai Card (KTC), a subsidiary of Krungthai Bank (KTB), is set to launch a new core system next year and restructure its IT unit to support sustainable long-term growth.
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.
Debt Clinic sees surge in applicants in Q1
Somruedi Banchongduang, Published on 13/05/2024
» The number of retail borrowers seeking assistance via the central bank’s Debt Clinic programme surged by 43% in the first quarter, indicating a growing resolve among financially vulnerable individuals to address non-performing loans (NPLs).
K-Asset establishes partnership with JPMAM
Business, Somruedi Banchongduang, Published on 11/01/2024
» Kasikorn Asset Management (K-Asset) is partnering with J.P. Morgan Asset Management (JPMAM) to expand its mutual fund business in the Thai market in line with the positive growth of the Thai wealth segment.