Banking and financial services
Micro-finance
Risky loans by cooperatives a concern
The National Credit Bureau (NCB) has voiced concerns about the asset quality of loans extended by savings cooperatives, particularly for lengthy loans, and about the high debt-service ratio (DSR) of borrowers.Keep reading ...
Somruedi Banchongduang
NESDC keeping an eye on borrowing
The state planning unit is keeping a close watch on rising household debt after debt defaults on personal loans increased at a faster rate. The National Economic and Social Development Council (NESDC) reported on Fridaythat household debt in the third quarter of 2018 was equal ...
Chatrudee Theparat
Survey finds low income earners more frugal than last year
Thailand’s Economic Research Center at the Government Savings Bank has revealed that low-income earners are tending towards frugal behavior, as overall spending dropped compared to last year.The survey sampled 2,150 people nationwide with incomes under 15,000 baht per month. Overall, spending among this demographic during ...
