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Govt may use AMC to buy credit card NPLs worth 335bn: Julapun
THURSDAY, MARCH 27, 2025
The Thai government plans to use an AMC to buy 334 billion baht in credit card NPLs to ease household debt and boost bank lending capacity.
BOT orders banks to speed up refunds in credit card fraud cases
THURSDAY, JANUARY 09, 2025
Compensation must be be paid within 5 days if debit cardholder not responsible
Credit card debt cuts will only apply to those on credit bureau list
MONDAY, DECEMBER 02, 2024
National Economic and Social Development Council stresses that the proposed measures do not refer to regular credit card accounts
PM issues new strategies to reduce debt
TUESDAY, JULY 16, 2024
Bank of Thailand asked to reduce minimum credit card repayment while focus also placed on housing and vehicle debts
1% fee for credit card transactions abroad postponed indefinitely
WEDNESDAY, MAY 22, 2024
Bank of Thailand insists on clarification of customer options before fee can be applied
BOT to resolve 1% DCC fee on credit cards with financial institutions, banks by May 1
FRIDAY, MARCH 08, 2024
The Bank of Thailand (BOT) will hold a meeting with financial institutions and banks to discuss their announcement last week on charging Visa and Mastercard credit cardholders a dynamic currency conversion (DCC) fee of 1% on overseas transactions.
Debts under legal process almost as high as Thailand's GDP
WEDNESDAY, FEBRUARY 14, 2024
The debt situation of Thai people has taken a turn for the worse with 2.67 million cases, accounting for total debt of 15.99 trillion baht, currently under the legal process, the National Credit Bureau (NCB) said on Wednesday.
Thai police bust credit card theft gang, leader arrested in crackdown
SATURDAY, JANUARY 20, 2024
Thai authorities successfully arrested the leader of a gang that stole credit card information and was found responsible for causing damages worth about 8 million baht in a single month.
Credit card spending up 20% in second quarter
TUESDAY, AUGUST 08, 2023
Credit card spending in Thailand during the second quarter of this year increased by more than 20% and is expected to continue throughout the year, with an increase of no less than 20% for the whole of 2023.
UOB Thailand launches new cards campaign featuring strategic partnerships with over 40 established global and regional brands in travel, dining and retail
MONDAY, MAY 15, 2023
UOB Thailand has launched a new cards campaign, “For All You Love”, featuring strategic partnerships across ASEAN with over 40 renowned domestic and global brands to offer the best deals and privileges to cardholders in Thailand and the region.