Showing 11-20 of 125 results
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Ttb plans to offer debt solution platform in 2024
Business, Somruedi Banchongduang, Published on 19/12/2023
» TMBThanachart Bank (ttb) plans to implement a debt solution platform to strengthen customers' debt repayment ability, providing better access to funding sources.
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Four Thai banks shutter branches in Laos as costs mount
Business, Somruedi Banchongduang, Published on 31/08/2023
» Four large Thai banks have decided to close their branches in Laos, mainly attributed to tighter regulations and higher regulatory costs while business activities declined.
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Bank of Thailand upbeat on cardholders' repayment
Business, Somruedi Banchongduang, Published on 23/08/2023
» The Bank of Thailand (BoT) affirms up to 80% of credit cardholders can repay their debt at the minimum payment rate of 10%, while the regulator prepares assistance measure to help consumers who cannot comply with the rule.
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DUP/BoT okays 3 virtual bank licences
Business, Somruedi Banchongduang, Published on 21/07/2023
» The Bank of Thailand has decided to grant only three virtual bank licences in the first round. The number is suitable to ensure stability of the Thai financial market and protect depositors from any risk of the new banking business, according to the governor of the central bank.
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Hire-purchase lenders call for rate hike
Business, Somruedi Banchongduang, Published on 11/07/2023
» The Thai Hire-Purchase Association (THPA) has asked the Office of the Consumer Protection Board (OCPB) to increase the maximum interest rate for hire-purchase loans as the business is being affected by rising rates.
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BoT eases forex rules for stability
Business, Somruedi Banchongduang, Published on 28/06/2023
» The Bank of Thailand plans to further relax foreign exchange regulations to balance capital flows, seeking to stabilise the exchange rate over the long term.
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Exploring efforts to ease dollar volatility
Business, Somruedi Banchongduang, Published on 24/05/2023
» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.
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Two-pronged approach for Tisco Financial
Business, Somruedi Banchongduang, Published on 20/05/2023
» Tisco Financial Group, a holding company of Tisco Bank, plans to focus on what it considers two businesses related to S-curve industries: auto title loans and corporate banking.
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BoT mulls easing yuan-baht trade payment
Business, Somruedi Banchongduang, Published on 12/05/2023
» The Bank of Thailand plans to relax rules for yuan-baht trade payment supporting local currency settlement, reducing reliance on the US dollar.
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BoT delays publication of virtual bank rules to Q3
Business, Somruedi Banchongduang, Published on 26/04/2023
» The Bank of Thailand has postponed the issuance of virtual bank regulations until the third quarter of this year because it needs more time to clarify the new business licensing with related parties.
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