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Banks agree to suspend interest for household debts in rehab

November 05, 2024

Measure aimed to protect debtors’ assets from seizure, triggering new wave of financial crisis

Thai Credit Bureau to access debtors’ records as part of rehab plan

November 04, 2024

This central bank initiative will help small borrowers consolidate loans for easier repayment, but additional borrowings will be blocked until debts are cleared

Finance Ministry urges ‘suitable’ policy rate

WEDNESDAY, OCTOBER 30, 2024

Bank of Thailand asked to adopt policies that will boost economic growth and maintain 1-3% inflation

BOT, commercial banks discuss measures to help borrowers

FRIDAY, JULY 12, 2024

Bank of Thailand urges commercial banks to communicate terms and criteria of Reasonable Lending policy to their customers

Thai banks take action to help 6.1 million accounts settle debts

TUESDAY, JANUARY 30, 2024

Thai commercial banks are now stepping up to restructure 6.1 million outstanding loans worth a combined 3.4 trillion baht, so they can be repaid, the Thai Bankers Association said.

NPL provisions by 10 commercial banks in 2023 matches their total profit

WEDNESDAY, JANUARY 24, 2024

Ten Thai commercial banks set aside 235.94 billion baht in provisions for bad loans in 2023, a jump of nearly 20% year on year, Krungthep Thurakij Media reported on Wednesday.

Seven major firms have debt issues totalling more than 1 trillion baht

FRIDAY, JANUARY 12, 2024

With corporate bond delays and defaults on the rise in Thailand, the Thai Bond Market Association (ThaiBMA) has listed 7 major companies that are issuing debentures with a total outstanding amount exceeding 1.08 trillion baht;

Govt talks slash 90m baht in loan-shark debt

FRIDAY, DECEMBER 22, 2023

Government mediation has reduced the debt burden by almost 90 million baht for illegal loan debtors, just three weeks after the December 1 start of registration, government spokesperson Chai Wacharonke said on Friday.

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.

SMEs close down operations amid mounting debts

WEDNESDAY, NOVEMBER 22, 2023

More small and medium-sized enterprises (SMEs) are being forced to cease business operations amid rising debts of over 61 billion baht.

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.

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