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BUSINESS

Debt sales down 56% as banks wait

Business, Somruedi Banchongduang, Published on 13/11/2025

» Bad debt sales in the banking industry plunged by more than 50% during the first nine months of this year, as both banks and asset management companies (AMCs) adopted a wait-and-see approach ahead of the government's new debt resolution scheme.

BUSINESS

Bad debt scheme to be launched in New Year

Business, Somruedi Banchongduang, Published on 12/11/2025

» The government plans to roll out the new debt resolution programme "Clear Debt, Move Forward" in January next year, offering measures such as interest payment waivers and reductions of principal for qualified borrowers.

BUSINESS

Thai banks increase focus on capital management

Business, Somruedi Banchongduang, Published on 11/11/2025

» Local banks have intensified their capital management efforts to boost shareholder returns amid a slowdown in business expansion.

BUSINESS

Non-banks get go-ahead for asset management ventures

Somruedi Banchongduang, Published on 07/11/2025

» The Bank of Thailand will allow non-bank institutions to establish joint-venture asset management companies (JV-AMCs), expanding on a previous policy that permitted only banks to do so.

BUSINESS

Credit card use to remain weak in Q4

Business, Somruedi Banchongduang, Published on 07/11/2025

» Credit card spending during the final quarter of the year is expected to remain subdued, in line with the economy, despite the government's implementation of stimulus measures.

BUSINESS

Banks step up monitoring of grey money

Business, Somruedi Banchongduang, Published on 06/11/2025

» Banks pledge to maintain stringent monitoring and investigations of grey money transactions, in compliance with the Bank of Thailand's heightened measures.

BUSINESS

CIMBT targets higher bancassurance revenue

Business, Somruedi Banchongduang, Published on 05/11/2025

» CIMB Thai Bank (CIMBT) wants to strengthen its bancassurance business to support fee-based income, offsetting sluggish loan growth.

BUSINESS

Bankers back scheme to aid small debtors

Somruedi Banchongduang, Published on 04/11/2025

» The Thai Bankers’ Association (TBA) says it will support the government’s new debt resolution programme, in which asset management companies (AMCs) will play the lead role.

BUSINESS

Bangkok Bank, MIT aid SMEs and farmers

Business, Somruedi Banchongduang, Published on 03/11/2025

» Bangkok Bank (BBL) is partnering with the Massachusetts Institute of Technology (MIT), a well-known educational institution, to bring the power of artificial intelligence (AI) and digital innovation to Thai small and medium-sized enterprises (SMEs) and the agricultural sector.

THAILAND

BoT to begin reporting forex interventions next year

News, Somruedi Banchongduang, Published on 01/11/2025

» The Bank of Thailand (BoT) will begin publicly reporting details of its foreign exchange intervention activities and international reserves next year, following a joint statement with the US Department of the Treasury aimed at enhancing transparency and policy coordination.