Showing 1 - 10 of 19
BoT: Commercial banks' bad loans to peak in Q4
Business, Pawee Sirimai, Published on 11/11/2017
» Commercial lenders' bad loans will peak at just above 3% of loans outstanding this quarter, says a senior Bank of Thailand official.
Unlocking your home's equity
Business, Pawee Sirimai, Published on 06/11/2017
» A reverse mortgage is a powerful source of income for retirees. It helps them cover daily living expenses and healthcare costs by converting their home equity into cash with no repayment of the loan until the borrower dies or the home is sold.
Demand for B/E cools after defaults
Business, Pawee Sirimai, Published on 18/10/2017
» Bills of exchange (B/E) issuance continues to drop this year as companies have shifted to rely on other debt instruments after a series of B/E defaults occurred late last year, says the Thai Bond Market Association (TBMA).
Central bank's MPC predicts growth, with caveats
Business, Pawee Sirimai, Published on 12/10/2017
» The Bank of Thailand's rate-setting committee foresees further economic growth but is concerned over rising bad loans in the short term and search-for-yield behaviour increasing amid the low-interest-rate environment.
Refinn eyes website customer growth
Business, Pawee Sirimai, Published on 05/09/2017
» Refinn International Dot Com, a fintech refinancing startup, aims to handle 3.4 billion baht in mortgage refinancing via its website this year, despite recording just 1.3 billion in the first eight months.
Personal debt still hampers spending
Business, Pawee Sirimai, Published on 30/08/2017
» Even though household debt has been quite stable, massive leverage will continue to weigh on economic growth over the next few years, warns a high-ranking official at the Bank of Thailand.
Debt relief for flood victims
Business, Pawee Sirimai, Published on 05/08/2017
» The Bank of Thailand has asked financial institutions under its supervision to ease debt repayment conditions for victims of floods that have ravaged several provinces in the northern, northeastern and central regions of the country.
Housing lenders say NPL peak in sight
Business, Pawee Sirimai, Published on 03/08/2017
» Bad housing loans are expected to peak this quarter as lenders' tightened scrutiny and debt restructuring keep a lid on deteriorating assets, says the Housing Finance Association.
Escaping the debt trap
Business, Pawee Sirimai, Published on 24/07/2017
» People with more debt payment to make monthly than what they can afford could easily get into a deeper hole without proper help and planning.
Central bank vigilant of future risks
Business, Pawee Sirimai, Published on 20/06/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) and Financial Institutions Policy Committee (FIPC) say Thailand's financial system still faces several risk factors in the periods ahead.