Showing 1 - 10 of 387
Domestic factors to drive policy rate
Business, Somruedi Banchongduang, Published on 21/09/2024
» The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve's recent rate cut, according to the governor of the central bank.
Private sector upbeat on sentiment
Business, Somruedi Banchongduang, Published on 05/09/2024
» A leading business group is optimistic the new government will improve public sentiment thanks to its unity and stability.
Improved economic data in July
Business, Somruedi Banchongduang, Published on 31/08/2024
» Economic data in July improved from the previous month, mainly attributed to exports and tourism, according to the Bank of Thailand.
Krungsri Consumer predicts uptick in credit card loans
Business, Somruedi Banchongduang, Published on 30/08/2024
» Krungsri Consumer, the unsecured loan unit of Bank of Ayudhya (Krungsri), anticipates a rise in credit card loans during the second half of this year, despite a sluggish economy and an increase in the minimum payment requirement for credit cards.
Ttb aims to contain consumer NPLs
Business, Somruedi Banchongduang, Published on 30/08/2024
» TMBThanachart Bank (ttb) has doubled its debt restructuring portfolio for auto loans in an effort to contain non-performing loans (NPLs) in its consumer finance segment.
Mortgage bad-debt rate climbs
Somruedi Banchongduang, Published on 27/08/2024
» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.
Loan growth slows amid credit crunch
Business, Somruedi Banchongduang, Published on 14/08/2024
» Kasikorn Research Center (K-Research) has slashed its total loan growth projection for the banking industry in 2024 to 1.5% from an earlier forecast of 2.5-3.5%.
Mortgage rejection rates likely to persist
Business, Somruedi Banchongduang, Published on 09/08/2024
» Mortgage applications for homes priced below 3 million baht will likely continue to face higher rejection rates over the next two years because of a slowdown in the residential segment.
Bank of Thailand allows banks to give credit to debt scheme users
Somruedi Banchongduang, Published on 05/08/2024
» The Bank of Thailand (BoT) is allowing banks to continue providing credit lines to retail borrowers participating in debt restructuring programmes to help support their liquidity amid a slower income recovery.
KTB poised to hit 2024 lending target
Business, Somruedi Banchongduang, Published on 02/08/2024
» Krungthai Bank (KTB) expects to achieve its loan growth target for this year despite experiencing a lending contraction in the first six months.