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Survey reveals most Thais prefer short trips over long vacations
FRIDAY, JULY 26, 2024
Thais are driving the country’s economic recovery with increased spending on domestic travel, according to a new American Express survey released on Thursday.
New loans contract sharply amid BOT’s responsible lending policy
THURSDAY, JULY 11, 2024
But NPLs continue to rise across most loan types
NPLs cross 1.09 trillion baht as household debts hit 16.3 trillion
TUESDAY, MAY 14, 2024
Thailand’s household debts at the end of first quarter of 2024 amounted to 16.3 trillion baht, with 1.09 trillion baht classified as non-performing loans (NPLs) from having defaulted for more than 90 days, the National Credit Bureau (NCB) reported on Monday.
Credit card debt soars to 550 billion baht
WEDNESDAY, MAY 08, 2024
Non-performing loans (NPL) from credit cards in the first quarter of 2024 amounted to 64 billion baht, an increase of 14.6% year on year, following the raising of minimum monthly payments from 5% to 8% of the amount on January 1, the National Credit Bureau (NCB) reported on Tuesday.
1% fee to be charged on credit-card transactions abroad in baht from May 1
SUNDAY, MARCH 03, 2024
Visa and Mastercard credit card holders will have to pay a fee of 1 per cent for transactions and ATM withdrawals made overseas in baht.
Thai police bust credit card theft gang, leader arrested in crackdown
SATURDAY, JANUARY 20, 2024
Thai authorities successfully arrested the leader of a gang that stole credit card information and was found responsible for causing damages worth about 8 million baht in a single month.
Goodbye plastic: Cash-only trend rises as young Koreans combat overspending
MONDAY, DECEMBER 25, 2023
Despite digital progress and surging online transactions, a notable consumption trend is emerging among South Koreans in their 20s and 30s, as an increasing number of them are opting to use physical cash over credit card transactions in their daily lives.
Credit-card operators reckon raising interest ceiling to 18% only way to survive
SUNDAY, AUGUST 13, 2023
Thailand’s Credit Card Club will ask the central bank to allow credit-card operators to bring the interest rate back up to 18% soon, the club’s chairman said.
Credit-card spending by consumers on overseas travel sees sharp increase: Krungsri
WEDNESDAY, JUNE 28, 2023
Consumer spending via credit cards is rising, mostly related to overseas travel, according to Krungsri Consumer, a subsidiary of Bank of Ayudhya Plc.
UOB inspires its region-wide customers with the new cards film ‘For All You Love’
MONDAY, MAY 29, 2023
UOB has recently released new credit cards film titled 'For All You Love' across ASEAN markets including Singapore, Malaysia, Thailand and Vietnam to highlight the regional presence and global strength of UOB credit cards as well as the Bank’s ambition to serve an aspiring ASEAN.
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