Showing 1 - 10 of 683
Business, Somruedi Banchongduang, Published on 18/05/2024
» Siam Commercial Bank (SCB) has introduced banking services equipped with artificial intelligence (AI), aimed at expanding digital loans while improving control over non-performing loans.
Business, Somruedi Banchongduang, Published on 18/05/2024
» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.
Business, Somruedi Banchongduang, Published on 15/05/2024
» Despite growth in foreign arrivals, Superrich Currency Exchange (1995) Co, a leading local money changer, recorded zero growth in transactions during the first four months of this year, primarily attributed to competition from travel card services.
Business, Somruedi Banchongduang, Published on 14/05/2024
» The National Credit Bureau (NCB) recorded a 15% increase in overall non-performing loans (NPLs) in the first quarter of this year, primarily driven by auto and mortgage loan payment defaults.
Somruedi Banchongduang, Published on 13/05/2024
» The number of retail borrowers seeking assistance via the central bank’s Debt Clinic programme surged by 43% in the first quarter, indicating a growing resolve among financially vulnerable individuals to address non-performing loans (NPLs).
Business, Somruedi Banchongduang, Published on 09/05/2024
» The risk of default on credit card loans rose significantly in the first quarter this year, driven by the central bank's mandate for a higher minimum payment rate.
Somruedi Banchongduang, Published on 07/05/2024
» The National Credit Bureau (NCB) is calling on providers of buy now, pay later (BNPL) services to improve risk controls to prevent misuse of the system to create informal loans.
Business, Somruedi Banchongduang, Published on 04/05/2024
» The Bank of Thailand is continuing to freeze the attempt to charge an additional 1% fee to local credit cardholders, prompting card issuers to explore alternative solutions.
Business, Somruedi Banchongduang, Published on 01/05/2024
» The baht depreciation softened in April, supported by the Thai economy's improving momentum, while a central bank executive expects the local currency to strengthen in the second half of this year.
Business, Somruedi Banchongduang, Published on 01/05/2024
» International bank Citi is planning to support medium-sized enterprises in Thailand and Asia as they venture into overseas markets, leveraging burgeoning opportunities as the region's economies grow rapidly.