Showing 1 - 10 of 21
‘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.
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.
SCB X says virtual bank will meet BoT's requirements
Business, Somruedi Banchongduang, Published on 08/07/2023
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), believes its planned virtual bank will comply with the central bank's requirements amid competition for the new banking licence.
Two-pronged approach for Tisco Financial
Business, Somruedi Banchongduang, Published on 20/05/2023
» Tisco Financial Group, a holding company of Tisco Bank, plans to focus on what it considers two businesses related to S-curve industries: auto title loans and corporate banking.
Line BK maintains data development goal
Business, Somruedi Banchongduang, Published on 25/02/2023
» After operating for more than two years, Line BK, a social banking collaboration between Kasikornbank (KBank) and Line Corporation, aims to book a net profit in 2024.
AutoX eyes rapid ascent for car title loans
Business, Somruedi Banchongduang, Published on 16/11/2022
» AutoX Co Ltd, a new player in the car title loan market, aims to be among the top three in the sector with 70 billion baht in loans outstanding in three years.
First Choice loan products target freelancers, youth
Business, Somruedi Banchongduang, Published on 18/10/2022
» First Choice, a personal loan service provider developed by Ayudhya Capital Services Co, has unveiled two new digital loan products, one of which focuses on freelancers.
Executives urge pricier loans for used cars, bikes
Business, Somruedi Banchongduang, Published on 09/12/2021
» The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) has asked the government to increase the maximum interest rate for used car and motorcycle loans to encourage leasing companies to lend to lower-income earners.
SCB effort supports SME liquidity
Business, Somruedi Banchongduang, Published on 31/07/2021
» Siam Commercial Bank (SCB) recently launched a digital platform to support the liquidity of supply chain businesses and provide small and medium-sized enterprises (SMEs) an opportunity to access cash faster.