Showing 1 - 10 of 11
Measures afoot to aid loan defaulters
Business, Wichit Chantanusornsiri, Published on 10/09/2024
» The Finance Ministry is preparing measures to assist debtors who have defaulted on their home and car loans after a rise in non-performing lending in these segments.
Student debt repayments drop to 100 baht a month
News, Wichit Chantanusornsiri, Published on 06/03/2021
» The Student Loan Fund (SLF) is to introduce a more lenient loan repayment scheme -- which will go as low as 100 baht per month -- after defaults hit 45%, or 2.2 million bad debts, according to SLF manager Chainarong Katchapanan.
TCG sets B30bn loan guarantee for frail SMEs
Business, Wichit Chantanusornsiri, Published on 11/07/2020
» State-owned Thai Credit Guarantee Corporation (TCG) has set a loan guarantee amount of 30 billion baht for small and medium-sized enterprise (SME) operators whose loans are at risk of turning sour.
GH Bank to launch debt rejig scheme
Business, Wichit Chantanusornsiri, Published on 24/02/2020
» State-owned GH Bank plans to introduce a new debt restructuring scheme, including a penalty interest haircut and interest payment deferrals, in April to help turn around bad loans.
BAAC rejigs to focus on communities
Business, Wichit Chantanusornsiri, Published on 03/01/2020
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is set to revamp its branches' tasks to focus on community business development to boost the income of rural people and step up efforts to fight poverty.
Student loan defaults blamed on poor discipline
Business, Wichit Chantanusornsiri, Published on 15/10/2019
» Lack of financial discipline is the most common reason borrowers have defaulted on their education debt, says Chainarong Katchapanan, Student Loan Fund (SLF) manager.
SLF cuts student loan default fines
News, Wichit Chantanusornsiri, Published on 30/08/2019
» The Student Loan Fund (SLF) has reduced its fines by 75-80% for borrowers who have defaulted on their repayments, in a bid to curb student loan defaults, said SLF manager Chainarong Katchapanan.
SLF terms revised in bid to curb defaults
News, Wichit Chantanusornsiri, Published on 06/07/2019
» The Student Loan Fund (SLF) has revised its debt-restructuring conditions in the latest bid to reduce loan defaults, said SLF manager Chainarong Katchapanan.
Debt woes expose education integrity crisis
News, Wichit Chantanusornsiri, Published on 16/08/2018
» Recent stories about teacher and student loan defaults have shed light on a crisis of integrity within our education system.
Student Loan Fund targets 120,000 defaulters
News, Wichit Chantanusornsiri, Published on 07/06/2018
» The Student Loan Fund (SLF) is expected to sue about 120,000 people who have failed to repay, in the past five years, their debts incurred with the fund, fund manager Chainarong Kajchapanan says.