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The present Covid-19 crisis was worse than the Tom Yam Kung crisis of 1997, the Bangkok Commercial Asset Management (BAM) has said, adding that non-performing loans (NPL) was of concern for Thailand’s economic system.BAM explained that financial institutions in 1997 had a low rate fund ...

Debt collection and management of non-performing assets pose lucrative growth opportunities amid the economic retraction, financial analysts say.According to Maybank Kim Eng securities analyst Thanaphat Suksrichavalit, the debt management business will outperform in the second half of 2020.Keep reading ...

The country’s household bad debt is expected to reach 1 trillion baht this year, putting the ratio to total loans outstanding into double digits as debt-servicing ability erodes amid coronavirus-induced income shocks, says the head of the National Credit Bureau (NCB).Non-performing loans (NPLs) are surging ...

Commercial banks are expected to post strong loan growth this year, as more large businesses are seeking credit due to the volatile debt market amid the coronavirus outbreak, a senior director at the Bank of Thailand (BoT) said on Monday.Loans grew 4.1% in the first ...

The Bank of Thailand has relaxed conditions for its Debt Clinic, a scheme that pools unsecured bad loans owed to multiple creditors, to cover cases that have a single debtor and expanded qualified creditors to specialised financial institutions (SFIs) to step up efforts to keep ...

Non-performing loans (NPLs) relating to agricultural products reached 12 per cent in the first quarter of this year, sitting at Bt25 billion, TMB Analysis reports.The retail and wholesale businesses for small and medium-sized enterprises (SMEs) are in a worrisome situation in terms of debt, said ...