Showing 1 - 10 of 16
Bank of Thailand plans responsible lending rules
Business, Somruedi Banchongduang, Published on 15/02/2023
» The Bank of Thailand plans to implement new regulations for responsible lending to curb the country's household debt problem over the long term.
Regulators vow safety of personal data
Business, Somruedi Banchongduang, Published on 29/04/2022
» Thai financial regulatory agencies have joined forces to protect the personal data of consumers as global data leakages and cyber-risks grow in the digital age.
Top banks set lower NPL targets for 2022
Business, Somruedi Banchongduang, Published on 21/02/2022
» Four local banks unveiled their financial goals for this year, with all setting lower non-performing loan (NPL) targets in line with the economic recovery, although the rebound is projected to be uneven.
KTB vows cooperation after report's claims
Business, Somruedi Banchongduang, Published on 24/09/2020
» Krungthai Bank (KTB) says it's ready to cooperate with local and international regulatory bodies to investigate funds transfers as the bank awaits clearer information from the US Treasury Department's Financial Crimes Enforcement Network (FinCEN).
BoT takes action to equalise services
Business, Somruedi Banchongduang, Published on 12/09/2020
» The Bank of Thailand has enforced revised market conduct rules covering specialised financial institutions, asset management companies and nanofinance operators to standardise the country's overall financial services.
BoT extending rules to SFIs and others
Business, Somruedi Banchongduang, Published on 05/02/2020
» The Bank of Thailand is set to extend market conduct enforcement to cover specialised financial institutions (SFIs), nanofinance operators, and asset management companies (AMCs) next quarter to improve financial service offerings.
Krungsri lowers debt service ratio for middle class segment
Business, Somruedi Banchongduang, Published on 03/01/2020
» Krungsri Consumer, the unsecured loan unit under Bank of Ayudhya (BAY), has lowered the ceiling debt service ratio (DSR) for its borrowers with monthly income below 30,000 baht to 70% to brace for a subdued economic outlook.
Bank of Thailand mulls relaxing LTV rule
Business, Somruedi Banchongduang, Published on 15/08/2019
» The Bank of Thailand is considering relaxing the loan-to-value (LTV) regulations governing mortgage lending by refraining from requiring co-signers.
Loan credit standards expected to tighten
Business, Somruedi Banchongduang, Published on 03/05/2019
» Credit standards for consumer loans, particularly in auto lending, are projected to ratchet up in the second quarter, according to the Bank of Thailand's quarterly survey on credit conditions.
Authorities focus on cash transactions
Business, Somruedi Banchongduang, Published on 09/04/2019
» Entrepreneurs receiving cash from business activities will be scrutinised by authorities more vigorously than those opting to register via an official online payment platform, says the Bank of Thailand.