EXPLAINED: Suwannee jatsadasak | Vintage Vibes

Central bank aims to tackle debt crisis

The Bank of Thailand aims to cut persistent debt in order to reduce the burden of households and help consumers exit from the debt cycle faster.

Bangkok Post · Jul 3, 2023

Bad mortgage loans rise amid rate hikes

Non-performing mortgage loans (NPLs) increased in the first quarter of this year due to rising interest rates, with the Bank of Thailand encouraging banks to help borrowers through debt restructuring.

Bangkok Post · May 22, 2023

Thailand unscathed by Western banking turmoil

Most economists from the public and private sectors expect the ongoing US and European banking crisis to have a limited effect on the Thai banking sector thanks to the solid fundamentals of local banks and the strong supervision of the Bank of Thailand.

Bangkok Post · Mar 26, 2023

Applications for hotel asset warehousing scheme decrease

The total number of hoteliers affected by the Covid-19 pandemic applying for the central bank's asset warehousing scheme has declined thanks to the rebound in the tourism sector, according to an executive at the Bank of Thailand (BoT).

Bangkok Post · Nov 29, 2022

Banks report dip in NPL ratios

Banks posted lower non-performing loan (NPL) ratios in the third quarter this year thanks to the economic recovery and appropriate risk management under their debt relief programmes.

Bangkok Post · Nov 22, 2022

Lenders queue up for chance to offer digital loan service

The provision of digital personal loans has been expanding in response to the financial behaviours of consumers in the digital era, creating opportunities for low-income earners to access financial sources.

Bangkok Post · Aug 21, 2022

Held rates to help vulnerable borrowers

While the higher cost of living has impacted vulnerable borrowers and driven some of them back to debt relief measures, banks' current holding of interest rates unchanged will help ease their financial burden, said an executive of the Bank of Thailand.

Bangkok Post · Aug 16, 2022

Debt Clinic sees surge in applicants

The number of applicants for the Debt Clinic's unsecured loan restructuring programme recently increased by 2-3 times to around 200,000 because of the impact of the Omicron variant.

Bangkok Post · Jun 4, 2022

Personal loans soar amid economic woes

The commercial banking sector showed strong growth in the personal loan category during the first quarter this year because of greater household demand for liquidity to support daily spending needs amid the economic doldrums.

Bangkok Post · May 17, 2022