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Search Result for “interest rate”

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THAILAND

Tisco looks to auto hire-purchase loans

Business, Somruedi Banchongduang, Published on 17/01/2023

» Tisco Bank is looking to acquire a new retail loan portfolio and sees greater opportunity in the auto hire-purchase loan segment as some business operators may be impacted by the new regulations pertaining to the ceiling interest rate of hire-purchase loans.

THAILAND

BOT acts to help hard-up companies

News, Somruedi Banchongduang, Published on 20/04/2021

» The Bank of Thailand (BOT)'s latest steps to help ease the strain on business operators hit by the Covid-19 pandemic are scheduled to come into force this week.

THAILAND

MPC minutes cite threats

Business, Somruedi Banchongduang, Published on 23/05/2019

» Heightened political uncertainty after the March 24 general election and the trade spat between the US and China are darkening Thailand's economic prospects this year, according to the central bank's minutes from the latest meeting.

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THAILAND

Debt Clinic ready to cure thousands

Business, Somruedi Banchongduang, Published on 08/05/2019

» The Bank of Thailand expects tens of thousands of debtors who have defaulted to join its Debt Clinic, a scheme that pools unsecured bad loans owed to multiple creditors, covering 19 non-bank companies.

THAILAND

BoT chief asks for political transparency

News, Somruedi Banchongduang, Published on 24/05/2014

» Central bank governor Prasarn Trairatvorakul on Friday urged the future administration, when it is formed, to generate a better understanding of the political crisis, which holds the key to positively influencing the economic sector.

THAILAND

BoT governor raises alarm over rising personal debts

News, Somruedi Banchongduang, Published on 05/12/2012

» Bank of Thailand (BoT) governor Prasarn Trairatvorakul has expressed concern over the rising levels of personal loans and household debts.