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Thai Finance Ministry Poised to Launch Bank-Run 'Bad Debt' Firms
Thai Finance Ministry Poised to Launch Bank-Run 'Bad Debt' Firms
MONDAY, SEPTEMBER 29, 2025
Plan to establish Asset Management Companies (AMCs) by commercial banks is ready for immediate government approval, aiming to manage persistently high household debtNew measures to support small debtors amid rising bad debt
New measures to support small debtors amid rising bad debt
SATURDAY, NOVEMBER 02, 2024
Pichai Chunhavajira, deputy prime minister and finance minister, has revealed that small bad debtors owe more than 1 trillion baht to commercial banks.Bad debt in Vietnam remains a major challenge for banks in 2024
Bad debt in Vietnam remains a major challenge for banks in 2024
TUESDAY, MAY 21, 2024
Bad debt has returned to become a headache for the banking industry this year as it increased again in Q1 2024 after declining in Q4 2023 for the first time in eight consecutive quarters.Bad debt related to student loans hits 100 billion baht
Bad debt related to student loans hits 100 billion baht
FRIDAY, JANUARY 19, 2024
The Student Loan Fund (SLF) is facing debt of more than 100 billion baht, up from 90 billion baht in 2022. The increase is due to several factors, including the economic downturn, the rising cost of living, and the difficulty of finding a job after graduation.Bad debt tops 1 trillion baht
Bad debt tops 1 trillion baht
WEDNESDAY, AUGUST 09, 2023
Bad household debt for the second quarter of this year has exceeded 1 trillion baht, with homes and car loans turning into non-performing loans of more than 3.8 million baht, while debts undergoing structural adjustment are close to 1 trillion baht, according to the National Credit Bureau.Exim bank resilient despite rising bad debt, president says
Exim bank resilient despite rising bad debt, president says
WEDNESDAY, JANUARY 27, 2021
The Export-Import Bank of Thailand (Exim) is in a strong financial position despite non-performing loans (NPLs) rising to 3.81 per cent (or Bt5.2 billion) at the end of last year, its president Pisit Serewiwattana said on Wednesday.TCG warns of debt nightmare for SMEs as moratorium expires
TCG warns of debt nightmare for SMEs as moratorium expires
WEDNESDAY, SEPTEMBER 16, 2020
The state-owned Thai Credit Guarantee Corporation (TCG) has warned that SMEs’ bad debts could rise by up to Bt400 billion after the government’s debt moratorium expires at the end of this month.