Showing 1 - 10 of 13
Minister touts progress on 'five pillars'
Business, Wichit Chantanusornsiri, Published on 01/12/2025
» The government's "Five Pillars and One Foundation" economic policy under Prime Minister Anutin Charnvirakul has already implemented many of its measures.
New plan aims to save indebted Thais
Business, Wichit Chantanusornsiri, Published on 04/11/2025
» The government has greenlit a scheme to tackle small borrowers' debt problems, enabling them to re-enter the formal financial system and ease their repayment burden.
New plan to address bad debt
Business, Wichit Chantanusornsiri, Published on 27/10/2025
» The Finance Ministry plans to present to the cabinet a plan to address bad debts owed by 3.8 million small-scale borrowers with a total debt value of 120 billion baht.
Planned bad debt firm to cover 3.8m debtors
Business, Wichit Chantanusornsiri, Published on 03/10/2025
» The asset management company (AMC) planned to address the bad debts of retail borrowers will cover 3.8 million eligible debtors with a total debt value of 120 billion baht, according to the Finance Ministry.
Bank for Agriculture seeks to address elderly farmers' bad debt
Business, Wichit Chantanusornsiri, Published on 10/04/2025
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is exploring solutions to address non-performing loans (NPLs) among elderly borrowers, including establishing an asset management company.
ARI-AMC to handle B30bn in bad loans
Business, Wichit Chantanusornsiri, Published on 13/08/2024
» ARI-AMC, a joint venture between Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM), looks set to transfer non-performing loans (NPLs) from the bank worth 30 billion baht for management.
Government Savings Bank president maintains focus on social impact
Business, Wichit Chantanusornsiri, Published on 09/08/2024
» Vitai Ratanakorn, now in his second term as president of Government Savings Bank (GSB), has reiterated the bank's commitment to operating as a social bank, increasing access to the financial system for all people rather than focusing on maximising profits.
Minister unveils effort to shrink credit blacklist
Business, Wichit Chantanusornsiri, Published on 30/05/2024
» Finance Minister Pichai Chunhavajira has pitched shortening the duration for bad debtors to remain on the National Credit Bureau's blacklist, allowing them to access new borrowing opportunities sooner.
Government Savings Bank, Bangkok Commercial Asset to set up joint venture
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The Finance Ministry expects Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM) to establish a joint venture asset management company (AMC) next month.
GSB told to ease up on informal debtors
Business, Wichit Chantanusornsiri, Published on 19/02/2024
» The Finance Ministry has ordered the Government Savings Bank (GSB) to consider relaxing conditions for informal debtors, says Deputy Finance Minister Krisada Chinavicharana.