Showing 1 - 10 of 12
‘Buy now, pay later’ abuse under scrutiny
Somruedi Banchongduang, Published on 07/05/2024
» The National Credit Bureau (NCB) is calling on providers of buy now, pay later (BNPL) services to improve risk controls to prevent misuse of the system to create informal loans.
Banks to hold interest rates steady
Somruedi Banchongduang, Published on 07/12/2023
» The Thai Bankers’ Association (TBA) has signalled that its members would hold prime interest rates steady, in line with the Bank of Thailand’s policy rate, as the US Federal Reserve plans to start cutting rates next year.
SCB X turns to digital in effort to fend off loan sharks
Business, Somruedi Banchongduang, Published on 06/10/2023
» SCB X believes its digital loan services can provide underserved customers with greater access to financial sources at fair prices, easing the country's loan shark problem.
Debt problem getting worse, say analysts
Somruedi Banchongduang, Published on 15/09/2023
» The proportion of heavily indebted borrowers has soared to 30% of all unsecured loan debtors, according to ttb analytics.
Easy loans for all
Business, Somruedi Banchongduang, Published on 08/08/2022
» Major banks have continued to tap the underbanked, aiming to promote financial inclusion and further expand their customer base.
Digital lending pays off for banks as platforms expand rapidly
Business, Somruedi Banchongduang, Published on 20/07/2022
» Digital lending platforms run by the large commercial banking groups Kasikornbank (KBank) and SCB X are posting strong growth, in line with changing consumer behaviour in the digital era.
BoT preps measures for household debt
Business, Somruedi Banchongduang, Published on 13/05/2022
» The Bank of Thailand plans to implement new measures to ease household debt, focusing on lower-income borrowers.
Heng considers expansion plans after SET listing
Business, Somruedi Banchongduang, Published on 20/11/2021
» Consumer loan provider Heng Leasing and Capital Plc (Heng) will expand its business through an inorganic growth strategy, the company's chief executive Sutharntip Phisitbuntoon said in an exclusive interview with the Bangkok Post.
Monix targets B5bn in nanofinance loans
Business, Somruedi Banchongduang, Published on 03/09/2021
» Monix Co Ltd, a digital loan provider under Siam Commercial Bank (SCB), aims to grow its nanofinance lending to 5 billion baht by the end of this year.
BoT: Rate cut is not the answer
Business, Somruedi Banchongduang, Published on 17/07/2021
» A ceiling rate cut for consumer loans would not be a holistic solution to help ease the debt burden of individual borrowers, says an executive of the Bank of Thailand.