The Bank of Thailand has issued a temporary measure allowing state-run banks of the Assets Management Company to establish joint asset management entities, to address the non-performing loans (NPLs) of…
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The Bank of Thailand has issued a temporary measure allowing state-run banks of the Assets Management Company to establish joint asset management entities, to address the non-performing loans (NPLs) of…
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Thailand’s household debt remains worryingly high at almost 91 per cent of gross domestic product (GDP) as of the third quarter of last year, due largely to a debt overhang…
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The government is now focusing on tackling the country’s formal debt problem, totalling about 16 trillion baht or 90% of GDP. This form of indebtedness is affecting about five million…
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Thai commercial banks have extended financial help, estimated at more than 289.3 billion baht, to their customers affected by the impacts of the COVID-19 pandemic over the past two years,…
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Impacted by COVID-19 lockdown measures, about 870,000 Thais were jobless during the third quarter of this year, a record high, with college and university graduates accounting for 3.63%. Meanwhile, household…
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The National Credit Bureau (NCB) today echoed concerns raised by the Bank of Thailand (BoT) over rising non-performing loans (NPL) in the mortgage sector. The overall NPL rate now stands…
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