BOT mulls refinance programme for credit card debtors

The Bank of Thailand (BOT) is considering a refinance programme for credit card debtors with credible payment history, assistant governor of communications and corporate relations Chantavarn Sucharitakul said.

“BOT has taken note of the problem faced by those credit card debtors’ during its Debt Clinic, and decided to help them via market mechanisms,” she explained. “The programme is being discussed. It will possibly take some time before clear guidelines are created and BOT can proceed.”

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The Nation Reporter