Showing 1 - 10 of 14
Government Housing Bank mulls new mortgage markets
Business, Wichit Chantanusornsiri, Published on 27/06/2025
» Finance Minister Pichai Chunhavajira wants Government Housing (GH) Bank to expand into other types of real estate lending, beyond just low-income housing.
Government upbeat on steady credit rating
Business, Wichit Chantanusornsiri, Published on 25/04/2025
» The government remains confident that credit rating agencies will maintain Thailand's sovereign credit rating at its current level thanks to the strength of Thai financial institutions and the country's ability to retain fiscal discipline after the Covid-19 crisis.
Household debt a ticking time bomb
Business, Wichit Chantanusornsiri, Published on 27/12/2024
» Household debt is a major concern for policymakers, who fear it could become a ticking time bomb for the economy.
Micro enterprises top credit guarantee clients
Business, Wichit Chantanusornsiri, Published on 17/10/2024
» Micro enterprises made up 91% of Thai Credit Guarantee Corporation's (TCG) credit guarantee clients, each receiving a guarantee of less than 100,000 baht per case.
Number of TCG clients doubles post-Covid
Business, Wichit Chantanusornsiri, Published on 30/07/2024
» Following the pandemic, the number of credit guarantee clients has increased to 800,000, primarily due to efforts to help small and medium-sized enterprises (SMEs) access more credit within the system, according to the head of the Thai Credit Guarantee Corporation (TCG).
NPL provisions soar at state institutions
Business, Wichit Chantanusornsiri, Published on 01/03/2024
» Provisions for non-performing loans (NPLs) by specialised financial institutions (SFIs) tallied 263% at the end of fiscal 2023, compared with 194% in September 2022, says a Finance Ministry source who requested anonymity.
Office says Thailand's fiscal position can withstand shocks
Business, Wichit Chantanusornsiri, Published on 28/12/2023
» The government can still depend on a sound fiscal position to cushion economic shocks, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.
Commercial banks turn cautious with SMEs
Business, Wichit Chantanusornsiri, Published on 21/11/2023
» Commercial banks are being more cautious in granting loans to small and medium-sized enterprises (SMEs), while housing loans have slowed down due to rising interest rates and rising living costs, said Atchana Lamsam, the Bank of Thailand's senior director of modelling in the supervision and risk assessment department, in a statement providing an overview of commercial banks in the thrird quarter of 2023.
GH Bank stays on course for lending expansion
Business, Wichit Chantanusornsiri, Published on 28/09/2023
» Government Housing (GH) Bank still plans to expand mortgages even as interest rates remain elevated, says director and acting president Krit Sesawet.
Bid to stop debt turning sour
Business, Wichit Chantanusornsiri, Published on 01/08/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has revealed it has around 300 billion baht in debt which requires close monitoring in order to prevent bad debt, said president Chatchai Sirilai.