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Thailand’s 13.6tn-baht debt problem moves into small loans

Thailand’s 13.6tn-baht debt problem moves into small loans

National Credit Bureau Co Ltd (NCB) warns small loans are reshaping Thailand’s 13.6tn-baht household debt, as borrowers hold an average of four debt accounts each

Household debt climbs to 86.7% of GDP, exposing deeper economic fragility

Thailand’s household debt rises to 86.7% of GDP in the fourth quarter as consumer borrowing grows and income-generating loans lose momentum

U.S. banks reported blockbuster 2019 profit with the help of consumers' credit card debt

THURSDAY, JANUARY 16, 2020

A growing tide of consumer debt helped propel some of the country's largest banks to large profits last year.

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