Showing 1 - 10 of 23
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.
Credit card rule change set to hit clients
Business, Somruedi Banchongduang, Published on 22/08/2023
» CardX, a credit card service provider under SCB X Group, expects that some customers may fail to comply with the Bank of Thailand’s regulation on minimum credit card payments scheduled for next year.
Credit bureau: Bad loans exceeded B1tn in Q2
Business, Somruedi Banchongduang, Published on 10/08/2023
» Non-performing loans (NPLs) measured by the National Credit Bureau reached 1 trillion baht in the second quarter this year, the highest in 12 months, says a bureau executive.
Central bank aims to tackle debt crisis
Business, Somruedi Banchongduang, Published on 04/07/2023
» The Bank of Thailand aims to cut persistent debt in order to reduce the burden of households and help consumers exit from the debt cycle faster.
KBank keen to build sustainable finance
Business, Somruedi Banchongduang, Published on 10/11/2022
» Kasikornbank (KBank) has set a goal to expand the extension of sustainable financial facilities to 25 billion baht this year, doubling to 50 billion next year, aiming to become an Asean leader in the field of environment, social and governance (ESG) finance by 2030.
TMBThanachart Bank waives fees after app suffers glitch
Business, Somruedi Banchongduang, Published on 06/09/2022
» TMBThanachart Bank (ttb) has offered remedy measures to a number of its ttb touch mobile banking application users who suffered from a glitch on Sept 1-2.
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.
9 banks seek central bank MFLF aid
Business, Somruedi Banchongduang, Published on 30/04/2020
» Nine commercial banks have sought liquidity support worth a total of 56 billion baht for their purchases of mutual fund units through the Bank of Thailand's Mutual Fund Liquidity Facility (MFLF) as of April 24, according to central bank data.
BoT eases Debt Clinic conditions
Business, Somruedi Banchongduang, Published on 14/04/2020
» The Bank of Thailand's Debt Clinic scheme, which pools unsecured bad loans to turn them into performing loans, is offering a grace period on principal and interest and a two-percentage-point rate cut for six months to ease debtor burden amid the Covid-19 crisis.
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.