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Ten SET-listed commercial banks restrained their non-performing loan (NPL) ratio in the first quarter of 2021 as they set aside a relatively high provision for loan loss amid uncertainty brought about by the pandemic.Among the big players, Bangkok Bank (BBL) and Krungthai Bank (KTB) reported ...

The government has rolled out a debt mediation programme for debtors having problems repaying debts in light of Covid-19.Deputy government spokeswoman Traisuree Taisaranakul said Prime Minister Prayut Chan-o-cha has instructed various agencies to help debtors by preventing them from missing repayments and suffering from its ...

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 Federation of Thai Industries (FTI) plans to ask the Bank of Thailand to extend the debt moratorium scheme, which will end next month, for another two years.The extension would require businesses to pay 10% of interest payments for six months to alleviate the fear ...

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 ...