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TCG unveils plans to help SMEs convert NPLs to standard debt
SATURDAY, DECEMBER 07, 2024
State institution opens communication channel for these debtors to engage in discussions and find solutions
New measures aimed at tackling debts to be announced Dec 11
FRIDAY, DECEMBER 06, 2024
Debt restructuring programme at the core of the new measures and will target borrowers with housing, auto and SME NPLs
Stricter loans, rising debts drive Thai vehicle sales to historic low
FRIDAY, NOVEMBER 29, 2024
Though Thailand’s auto market is dropping, industry leaders are hopeful that government measures and growing interest in hybrid vehicles will bolster sales
Chinese EVs, economic factors drive vehicle repossession up
THURSDAY, NOVEMBER 28, 2024
Auction firm sees 8.7% increase in the number of vehicles being repossessed, with many of them pick-ups used by their owners for commercial purposes
Auto manufacturing down nearly 20% year on year
TUESDAY, NOVEMBER 26, 2024
Stringent conditions for obtaining loans for vehicle purchase add more strain to an already suffering automotive industry
Thai Bankers’ Association proposes measures to deal with NPLs
MONDAY, NOVEMBER 04, 2024
Interest suspension, debt restrictions to help individuals and SMEs avoid foreclosures
NPLs soar as households struggle to pay their debts
WEDNESDAY, OCTOBER 23, 2024
Economists believe that a 25 basis point reduction in interest rates by commercial banks will ease the burden on individuals and businesses
Banks rush to auction off bad debts and NPLs due to high cost of management
THURSDAY, SEPTEMBER 12, 2024
The total of 400 billion baht is the highest in years
Central bank considering PM’s suggestions to ease financial burden
THURSDAY, AUGUST 01, 2024
Bank of Thailand discussing with credit card operators PM’s recommendation that minimum monthly repayment be reduced
LH Bank optimistic about stronger economy in second half of year
FRIDAY, JULY 26, 2024
Bank to prioritise housing loans, SME operators, and Taiwanese customers as it eyes 10% growth in lending
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