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Banks put in place measures to minimise lending risks
MONDAY, AUGUST 12, 2024
Thailand’s major financial institutions are preparing for a difficult second half of 2024, as a struggling economy and high household debt force banks to take a more conservative approach to lending.
Amid tight mortgage lending, more opt to build or renovate homes
SUNDAY, AUGUST 04, 2024
More opting to build or renovate homes, especially in rural areas, suburbs, and outskirts of Bangkok
Bridging the divide with fintech: How sustainable lending solutions can boost financial inclusion in rural and urban Asia
WEDNESDAY, JULY 10, 2024
Financial inclusion remains one of the most pressing challenges in Asia, particularly for underserved populations in both rural and urban areas. Despite the rapid economic growth in many Asian countries, a significant portion of the population still lacks access to essential financial services. Fintech is critical to bridging this divide, offering sustainable lending solutions that can transform the economic landscape.
Increasing debt platforms to blame for dips in auto and housing sales
MONDAY, JUNE 24, 2024
Banks introduce stricter lending protocols and focus on debt collection as household debt continues to soar
Government gives loan sharks ultimatum to join debt settlement programme
THURSDAY, MAY 16, 2024
May 31 is the “final deadline” for illegal lenders to join the government’s debt settlement programme, or they will face strict legal action, Deputy Interior Minister Chada Thaised said on Thursday.
Three financial gurus set out to redefine lending at fintech show
FRIDAY, APRIL 26, 2024
Digital lending could play a significant role in alleviating Thailand's massive household debt and strengthening the country's financial services through better balancing and responsible practices, three experts from leading technology and fintech companies told a panel discussion on Wednesday.
PM calls for collaboration in crackdown on illegal lending
FRIDAY, DECEMBER 08, 2023
Prime Minister Srettha Thavisin told senior government officials on Friday to strictly enforce the law against illegal lending, which he said had led to “modern-day slavery”.
Over 22,000 debtors register for government help on first day of registration
FRIDAY, DECEMBER 01, 2023
More than 22,000 people registered for government debt relief on the first day of registration on Friday, Interior Ministry spokesperson Traisuree Taisaranakul said.
Green projects to get priority under TMB Thanachart’s new lending policy
FRIDAY, JUNE 30, 2023
TMB Thanachart Bank (TTB) has sharpened its focus on green solutions to empower businesses, the bank's chief executive officer told a press conference on Friday.
Electric vehicle sales provide a jolt for online lending, Krungsri Auto says
FRIDAY, DECEMBER 02, 2022
Surging sales of electric vehicles (EVs) are boosting digital auto lending, according to Krungsri Auto, the automotive finance unit of Bank of Ayudhya.
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