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BOT warns trade war dampens investment as bank loans contract for third consecutive quarter
WEDNESDAY, MAY 21, 2025
Bank loans shrank for the third consecutive quarter in Q1 2025, continuing the decline that began in Q3 2024.
Govt to tackle 427bn baht in NPLs from consumers and credit card debtors
THURSDAY, MARCH 20, 2025
The Thai government plans to tackle 427bn baht in NPLs from small-scale debtors, urging them to join a debt restructuring programme.
Credit card scam at Bangkok Onsen spa leads to arrest of Thai woman
WEDNESDAY, JANUARY 08, 2025
Police say Thanchanok, 22, collaborated with another Thai woman and a Chinese man to steal and misuse the credit cards of Onsen spa clients
Central bank considering PM’s suggestions to ease financial burden
THURSDAY, AUGUST 01, 2024
Bank of Thailand discussing with credit card operators PM’s recommendation that minimum monthly repayment be reduced
Survey reveals most Thais prefer short trips over long vacations
FRIDAY, JULY 26, 2024
Thais are driving the country’s economic recovery with increased spending on domestic travel, according to a new American Express survey released on Thursday.
New loans contract sharply amid BOT’s responsible lending policy
THURSDAY, JULY 11, 2024
But NPLs continue to rise across most loan types
NPLs cross 1.09 trillion baht as household debts hit 16.3 trillion
TUESDAY, MAY 14, 2024
Thailand’s household debts at the end of first quarter of 2024 amounted to 16.3 trillion baht, with 1.09 trillion baht classified as non-performing loans (NPLs) from having defaulted for more than 90 days, the National Credit Bureau (NCB) reported on Monday.
Credit card debt soars to 550 billion baht
WEDNESDAY, MAY 08, 2024
Non-performing loans (NPL) from credit cards in the first quarter of 2024 amounted to 64 billion baht, an increase of 14.6% year on year, following the raising of minimum monthly payments from 5% to 8% of the amount on January 1, the National Credit Bureau (NCB) reported on Tuesday.
1% fee to be charged on credit-card transactions abroad in baht from May 1
SUNDAY, MARCH 03, 2024
Visa and Mastercard credit card holders will have to pay a fee of 1 per cent for transactions and ATM withdrawals made overseas in baht.
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.