Showing 51 - 60 of 1,819
Applications open for SME soft loans
Business, Somruedi Banchongduang, Published on 25/04/2020
» The Bank of Thailand on Monday plans to kick off applications for the 500-billion-baht soft loan scheme for small and medium-sized enterprises (SMEs) affected by the coronavirus, with banks expected to start taking out the loans from the central bank late next week.
Commercial customers see upgrade
Business, Somruedi Banchongduang, Published on 28/04/2020
» Banks have made a push for greater adoption of digital banking channels, offering more services to improve convenience for commercial customers amid social distancing to contain the pandemic.
9 banks seek central bank MFLF aid
Business, Somruedi Banchongduang, Published on 30/04/2020
» Nine commercial banks have sought liquidity support worth a total of 56 billion baht for their purchases of mutual fund units through the Bank of Thailand's Mutual Fund Liquidity Facility (MFLF) as of April 24, according to central bank data.
BoT outlines possible recovery paths
Business, Somruedi Banchongduang, Published on 01/05/2020
» The economy is likely to stage a V- or U-shaped recovery, while a W-shaped rebound is not far-fetched if a second wave of coronavirus occurs, says a senior official at the central bank.
Auto lenders post marginal loan growth
Business, Somruedi Banchongduang, Published on 02/05/2020
» Five auto loan service providers eked out 0.9% growth in total loans outstanding for the first quarter from the end of last year, as positive activity in the first two months was offset by the coronavirus impact in March.
Lockdown builds Krungsri portfolio
Business, Somruedi Banchongduang, Published on 05/05/2020
» Staying at home is making consumers rely more heavily on online, particularly the food delivery business, and Bank of Ayudhya's (BAY) lending service for Grab users is reaping a windfall.
Interest-free SME loans from KBank
Business, Somruedi Banchongduang, Published on 06/05/2020
» Kasikornbank (KBank) has launched a 1-billion-baht loan scheme, offering interest-free borrowing for the first year to small and medium-sized enterprises (SMEs) with up to 200 employees as a way to keep 41,000 workers on payroll during the pandemic.
B36bn in SME soft loans drawn down
Business, Somruedi Banchongduang, Published on 08/05/2020
» Some 22,000 small and medium-sized enterprises (SMEs) have taken out 36 billion baht in soft loans sponsored by the Bank of Thailand in the weeks since the application period opened.
SME debt scheme hampers loan access
Business, Somruedi Banchongduang, Published on 12/05/2020
» The troubled debt restructuring (TDR) scheme offered to small and medium-sized enterprises (SMEs) was affected by subpar economic growth, a stumbling block for many firms in accessing additional lending as well as the central bank's sponsored soft loans, says the head of the National Credit Bureau (NCB).
NCB: Lenders' NPL ratio rises to 8.1%
Business, Somruedi Banchongduang, Published on 13/05/2020
» The National Credit Bureau's 104 members saw an upsurge in non-performing loan (NPL) ratio to 8.1% at the end of March from 6.8% a year earlier as headwinds such as the coronavirus outbreak took hold, says the NCB.