Showing 1 - 3 of 3
Commercial banks' NPLs hit 9-year high at end of March
Business, Oranan Paweewun, Published on 19/05/2020
» Local commercial banks' non-performing loans (NPLs) climbed to a nine-year high at 3.05% of loans outstanding at the end of March, with consumer bad loans outpacing commercial NPLs for the first time in four years.
Breaking the bonds of debt
Business, Oranan Paweewun, Published on 16/03/2020
» Thai household borrowing rose to 13.2 trillion baht at the end of September 2019 from 12.8 trillion baht at the end of 2018, with the ratio relative to GDP climbing to 79.1% from 78.6%. These figures suggest many people are drowning in debt.
Playing your hand right
Business, Oranan Paweewun, Published on 17/06/2019
» Credit cards offer many benefits if they are used wisely, including rewards, cash back, discounts and other perks on top of their main feature of buy now, pay within a month. The key is not to spend more than you have, because the interest rates on debt are steep.