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Debt relief project worth more than 300 billion baht launched
MONDAY, JANUARY 06, 2025
A project dubbed “You fight, we help” was kicked off on Monday, aiming to relieve people of more than 300 billion baht of debt.
Over 84,000 debtors register for government assistance
MONDAY, DECEMBER 11, 2023
More than 84,000 individuals have enrolled for government debt relief over the last 10 days, according to Suttipong Juljarern, Permanent Secretary of the Interior Ministry.
Banks wary of BOT's proposed debt relief criteria
WEDNESDAY, JULY 05, 2023
The Bank of Thailand (BOT) is poised to issue three guidelines to reduce household debt – which rose to 16 trillion baht or 90.6% of GDP in the first quarter, from 86.3% last year.
450,000 borrowers turn to govt debt-relief scheme for help
FRIDAY, JANUARY 20, 2023
More than 450,000 people have applied for a government debt relief scheme to help pull them out of the abyss of liabilities worth more than 100 billion baht.
Host of borrowers struggling from Covid-19 fallout apply for second debt-relief scheme
MONDAY, SEPTEMBER 07, 2020
The Bank of Thailand (BOT) said some 85 per cent of retail debtors struggling in the fallout of Covid-19 have applied for the second-phase of debt relief, while Kasikornbank projects 60 to 70 per cent of debtors will be able to start repaying their debts once the subsidy wraps up.
Latest debt relief will cost banks Bt10bn per year: research
FRIDAY, AUGUST 28, 2020
The central bank’s latest debt-relief measure will cost banks Bt10 billion a year, Kasikorn Research Centre said on Friday.
Central bank issues debt relief measure to slash Thais’ interest burden
THURSDAY, AUGUST 27, 2020
The Bank of Thailand on Thursday issued a new debt relief measure aimed at reducing Thais’ interest rate burden from 16-25 per cent to 5.5-8.8 per cent.
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