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Search Result for “billion baht”

Showing 61 - 70 of 1,634

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GENERAL

Troubled debt set to exceed B1tn

Business, Somruedi Banchongduang, Published on 29/11/2023

» The National Credit Bureau (NCB) estimates by year-end, debts in the troubled debt restructuring (TDR) programme could exceed 1 trillion baht as a result of the weaker repayment ability of borrowers.

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GENERAL

Troubled debt set to exceed B1 trillion

Somruedi Banchongduang, Published on 28/11/2023

» The National Credit Bureau (NCB) has estimated by year-end, debts in the troubled debt restructuring (TDR) programme could exceed 1 trillion baht as a result of the weaker repayment ability of borrowers.

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MOTORING

Krungsri Auto hikes rates for car loans

Somruedi Banchongduang, Published on 21/11/2023

» Krungsri Auto, the country's largest auto loan service provider, has lifted its interest rates in line with the Bank of Thailand's policy rate hikes.

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GENERAL

Banking on responsible lending

Business, Somruedi Banchongduang, Published on 18/11/2023

» As authorities try to ease swelling household debt, the Bank of Thailand plans to implement responsible lending guidelines to improve loan quality in the financial system, starting on Jan 1, 2024.

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GENERAL

Local banks consider regional expansion

Business, Somruedi Banchongduang, Published on 14/11/2023

» Large local banks are mulling regional expansion next year because of high growth potential.

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GENERAL

How interest rates affect household debt

Business, Somruedi Banchongduang, Published on 09/11/2023

» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.

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GENERAL

Bureau sounds alarm on bad loans

Business, Somruedi Banchongduang, Published on 04/11/2023

» The National Credit Bureau (NCB) said there is unease regarding rising non-performing loans (NPLs) and special mention (SM) loans in the housing and auto segments as living costs and interest rates are elevated.

GENERAL

Panel calls for Pao Tang app for stimulus money

Business, Somruedi Banchongduang, Published on 02/11/2023

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) supports the government using the Pao Tang app for the 10,000-baht digital wallet scheme.

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GENERAL

KBank prepares digital asset exchange

Business, Somruedi Banchongduang, Published on 01/11/2023

» Kasikornbank (KBank) Group plans to launch a digital asset exchange in November after acquiring a 97% share of Satang Pro, a former local cryptocurrency trading board.

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GENERAL

BoT backs fiscal consolidation amid rising debt

Business, Somruedi Banchongduang, Published on 31/10/2023

» The Bank of Thailand supports fiscal consolidation in line with recommendations by the International Monetary Fund (IMF) to strengthen Thailand's economic resilience in the long term amid higher global uncertainties.