Showing 1 - 10 of 547
FPO requests debt restructuring
Business, Wichit Chantanusornsiri, Published on 29/06/2023
» The Fiscal Policy Office (FPO) is calling on state financial institutions and commercial banks to implement debt restructuring measures to reduce the debt repayment burden rather than extending the repayment period, says director-general Pornchai Thiraveja.
State banks raise deposit, loan rates after BoT hike
Business, Wichit Chantanusornsiri, Published on 08/06/2023
» State banks are increasing their interest rates following the Bank of Thailand's policy rate hike.
State banks increase interest rates to attract depositors
Business, Wichit Chantanusornsiri, Published on 12/05/2023
» State banks are rushing to provide higher deposit rates to customers, including one scheme that offers up to 17%.
Baht all safe and sound
Business, Wichit Chantanusornsiri, Published on 24/04/2023
» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.
GSB set to launch digital loans in effort to lower rates
Business, Wichit Chantanusornsiri, Published on 04/04/2023
» Government Savings Bank (GSB) is set to launch a non-bank business to offer digital personal loans and digital nano-finance services in the third quarter of this year, with a view to pushing down interest rates in the market for both services by 5%, said president Vitai Ratanakorn.
Arkhom cools concern
Business, Wichit Chantanusornsiri, Published on 09/03/2023
» The economy is not overheating and authorities can control inflation rates, says Finance Minister Arkhom Termpittayapaisith.
State eager to avoid fiscal fiasco
Business, Wichit Chantanusornsiri, Published on 06/03/2023
» The government set an ambitious goal to achieve a balanced budget in 10 years, even though several obstacles still remain.
BAAC to launch B100bn savings lottery
Business, Wichit Chantanusornsiri, Published on 02/03/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to raise savings through the launch of savings lotteries worth 100 billion baht, says executive vice-president Manop Jinamai.
Government banks unveil higher loan interest levels
Business, Wichit Chantanusornsiri, Published on 27/01/2023
» State-run banks have begun to raise loan interest rates for the first time in years, in line with the Bank of Thailand's policy rate hike on Wednesday.
GSB still backing low-income borrowers
Business, Wichit Chantanusornsiri, Published on 25/01/2023
» Government Savings Bank (GSB) plans to continue to help low-income borrowers access loans this year on a fair borrowing cost basis through its newly launched mortgage subsidiary and its existing digital lending application, says president Vitai Ratanakorn.