News
Repayment progress in Q3
Borrowers showed improved debt-servicing ability in the third quarter, especially for numerous auto loan customers that exited from the Bank of Thailand’s debt relief measures.Commercial banks provided financial assistance to customers worth a total of 3.78 trillion baht from July to September, making up 26% ...
Somruedi Banchongduang
More loans planned for One Million Housing Units project
The Finance Ministry has ordered the Government Housing Bank to increase the limit of housing loans initially set at 50 billion baht for the One Million Housing Units project after it was over-applied.Keep reading ...
SMEs' bad loans creep up
Commercial banks’ non-performing (NPL) and special mention loans (SMs) for small and medium-sized enterprises (SMEs), automobiles and credit cards at the end of September ticked up from the previous three months, resulting in a higher potential for more soured loans. Keep reading ...
Somruedi Banchongduang
Cabinet backs draft law on financial services
The cabinet yesterday (Oct 10) approved a draft law from the Finance Ministry that governs financial service providers as officials seek to deal with an increasingly diverse landscape for financial services. This is especially so for those services that have yet to be regulated by ...
The Nation Reporter
ADB loan to boost highways
Thailand has gained a US$99.4 million loan from the Asian Development Bank (ADB) to help upgrade some of the country’s highways and improve road safety in the Northeast.Keep reading ...
The Nation Reporter