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Thailand’s soaring personal loans trigger concerns about people’s liquidity
Thailand’s soaring personal loans trigger concerns about people’s liquidity
MONDAY, MARCH 04, 2024
A recent surge in personal loans is a clear reflection of households’ lack of financial liquidity, the National Economic and Social Development Council (NESDC) warned on Monday.Google Play introduces a new screening policy for Digital Lending Applications in Thailand
Google Play introduces a new screening policy for Digital Lending Applications in Thailand
TUESDAY, JULY 25, 2023
Bangkok, July 24, 2023: Google has introduced an enhanced policy to screen Digital Lending Applications (apps) operating in Thailand, under which developers of personal loan apps must provide documentation demonstrating their capacity to offer or assist with personal loans within the country. This is part of Google’s efforts to keep Google Play safe and secure for users.Krungsri and Grab launch “Grab First Personal Loan” to capture retail market, focusing on Grab users
Krungsri and Grab launch “Grab First Personal Loan” to capture retail market, focusing on Grab users
WEDNESDAY, JULY 27, 2022
Bangkok (July 27, 2022) – Krungsri (Bank of Ayudhya PCL and its business units) and Grab Thailand jointly reveal the success of their strategic alliance which aligns with the strategy of enhancing the ecosystem and partnership. With the collaboration of Krungsri and Grab, they have provided more than hundreds of thousands of Thai people with the opportunity for financial inclusion.Krungsri and HomePro join forces to utilise Big Data to revamp business
Krungsri and HomePro join forces to utilise Big Data to revamp business
FRIDAY, MARCH 08, 2019
Krungsri Consumer, the credit card and personal loan business, is joining hands with HomePro, the home solutions and retail construction business, in utilising big data to assess customer demands and revamp the business model.Banks look to positives from stricter personal loan controls
Banks look to positives from stricter personal loan controls
TUESDAY, JULY 04, 2017
THE Thai Bankers' Association (TBA) says that proposed official measures to impose more stringent conditions on personal loans will have only a limited impact on commercial banks and that they may help to improve the quality of their loan books.
Cautious commercial banks aim personal loans at employees of companies they know
Cautious commercial banks aim personal loans at employees of companies they know
MONDAY, SEPTEMBER 26, 2016
SEVERAL commercial banks are playing it safe with personal loans amid the current economic uncertainty by moving to the employees of private companies whose payrolls they handle, as the banks consider that they can check their credit backgrounds more easi