Showing 51 - 60 of 199
BoT lays out plan to reduce debt level
Business, Somruedi Banchongduang, Published on 22/07/2021
» The Bank of Thailand (BoT) has discussed with relevant authorities to seek ways to lower the country's household debt, starting from co-operatives and student loans with a target to expand to cover farmer loans next year.
Line BK set to tighten new loan approvals
Business, Somruedi Banchongduang, Published on 02/07/2021
» Line BK, a social banking platform in Thailand formed by a collaboration between Kasikornbank (KBank) and Line Corporation, plans to tighten new loan approvals in line with higher risks during the prolonged pandemic.
BoT to mull ceiling rate reduction
Business, Somruedi Banchongduang, Published on 22/06/2021
» Ceiling interest rates of consumer loan products, which are currently over 20% per year, are expected to be reduced by at least 1-2%, following calls by the government for the Bank of Thailand (BoT) to review interest rates for credit cards and personal loans to tackle household debt.
BoT sets 2 paths for household debt
Business, Somruedi Banchongduang, Published on 09/06/2021
» A central bank economist forecasts a crossroads for the country's household debt over the next four years, either rising to 92.8% of GDP or declining to 79.1%.
Financial system increasingly vulnerable
Business, Somruedi Banchongduang, Published on 20/05/2021
» The Thai financial system has become more vulnerable due to negative shocks from the recent Covid-19 outbreak, says the Bank of Thailand (BoT).
BoT offers reworking of retail loan repayment
Business, Somruedi Banchongduang, Published on 15/05/2021
» The Bank of Thailand has added measures on retail loan restructuring as part of its third phase of debt relief for individual borrowers, aiming to ease hardships caused by the pandemic.
Bright future for digital loans
Business, Somruedi Banchongduang, Published on 19/04/2021
» Economic doldrums related to the pandemic have prompted a surge in demand for digital loans in several forms, including nano-finance products offered both by banks and non-bank companies.
Line BK targets 1m digital loan customers in first year
Business, Somruedi Banchongduang, Published on 29/10/2020
» Line BK, a social banking platform in Thailand formed by a collaboration between Kasikornbank (KBank) and Line Corporation, plans to increase its customer base to 1 million during the first year of business operation.
Bank of Thailand issues digital loan rules
Business, Somruedi Banchongduang, Published on 18/09/2020
» The Bank of Thailand has issued digital personal loan regulations, paving a path for consumers with no financial statements to better access financial services.
BoT develops digital system for better SME funding access
Business, Somruedi Banchongduang, Published on 19/09/2020
» The Bank of Thailand has been developing digital technology to help small and medium-sized enterprises (SMEs) more easily access funding sources and improve their business potential and competitiveness in preparation for the new phase after the pandemic.