• Tue, 20 Nov 2018 12:36
    Student loan debt still crippling burden for millions of Americans
    Michael Bloomberg's record $1.8 billion donation for financial aid to Johns Hopkins University highlights the problem of student debt in America, which can still be a burden even years after graduation.
  • Fri, 16 Nov 2018 18:26
    Two Panthongtae associates face arrest after skipping country before indictment hearing
    Two co-defendants in a money-laundering case against former prime minister Thaksin Shinawatra’s son Panthongtae face arrest warrants after they failed to meet public prosecutors as summoned.
    Breaking News
  • Wed, 14 Nov 2018 14:37
    KTC earns Bt3.911 billion in Q3 net profit
    KTC had reported net profit for Q3 of Bt3.911 billion. Profits have grown 65 per cent due to a surge in credit-card spending, receivables from credit cards and personal loans, and the upholding of approval standards within appropriate risks of target audiences and high-quality debt collection management.
  • Mon, 12 Nov 2018 20:06
    Bank profits boosted by BOT’s deferment of IFRS9
    Banks showed signs of a recovery in earnings in the third quarter, helped by a slower rate of increase in loan-loss provisioning following the Bank of Thailand’s deferred adoption of the International Financial Reporting Standard 9 (IFRS9) to 2020.
    Breaking News
  • Mon, 12 Nov 2018 11:43
    GHB approves Bt162bn in new loans so far in 2018
    Government Housing Bank or GHB approved new-housing loans worth a combined Bt161.75 billion in 131,748 accounts in the first nine months of the year, up 36.25 per cent from the same period last year, president Chatchai Sirirai said on Monday.
  • Mon, 12 Nov 2018 01:00
    Islamic bank sets high profit, loan targets
    The Islamic Bank of Thailand is looking to achieve an operating profit of Bt1.135 billion and Bt1.088 billion in net profit next year, the bank’s new president, Wuttichai Suraratchai, said.
  • Wed, 07 Nov 2018 01:00
    BBL banks on overseas operations to push 5% loan growth in 2019
    Despite Thailand’s expected economic slowdown next year, Bangkok Bank (BBL) is targeting a 5-per-cent rise in the overall loan portfolio next year, which could be driven partly by estimated growth in loans from foreign operations.
  • Wed, 07 Nov 2018 01:00
    Loan guarantee Joint programme in support of SMEs 
    Thai Credit Guarantee Corporation (TCG) is collaborating with Krung Thai Bank to launch a loan guarantee programme for Small and Medium Enterprises(SMEs) worth a total of Bt10 billion, chairman Surachai Danaitangtrakul said at press conference yesterday.
  • Tue, 06 Nov 2018 01:00
    Panthongtae pleads not guilty
    FORMER PM Thaksin Shinawatra’s son Panthongtae pleaded not guilty when he showed up in court yesterday to fight a money-laundering case related to a controversial Krungthai Bank loan.
  • Mon, 05 Nov 2018 15:52
    SME Bank introduces Bt6-bn factoring loan programme
    The Small and Medium Enterprise Development Bank of Thailand has introduced a factoring-loan programme worth Bt6 billion with interest rates of between 4.99 per cent and 5.99 per cent a year, bank president Mongkol Leelatham said on Monday.
  • Mon, 05 Nov 2018 01:00
    Mother Finance set to transform credit access in Myanmar
    Access to credit will no longer be a problem for Myanmar people thanks to an innovative consumer lending application which allows anyone with a smartphone to easily apply for a loan regardless of their financial records, according to Theta Aye, founder and chief executive of Mother Finance Co.
  • Mon, 29 Oct 2018 17:00
    Funeral Service Welfare Fund for Teachers borrowers urged to quickly reach debt compromises with GSB
    Teachers who had borrowed money from the Funeral Service Welfare Fund for Teachers and Education Personnel’s loan scheme and who are obliged to reach debt compromises with the Government Savings Bank (GSB), should speedily proceed to do so, an adviser to the education minister said on Sunday.
  • Mon, 29 Oct 2018 14:30
    EXIM Thailand pushes Thai overseas expansion with loans boost
    The Export-Import Bank of Thailand (EXIM Thailand) said on Monday it had achieved its target for the first nine months of supporting Thai entrepreneurs’ trade and investment expansion globally with an increase in outstanding loans by 12.81 per cent year on year to Bt95.81 billion.
  • Mon, 29 Oct 2018 14:14
    Kbank targets 5-7 per cent loan growth in 2019
    Kasikornbank (Kbank) has set a loan growth target of 5-7 per cent in 2019 by focusing on “customers’ life platform of choice”, using K Plus to introduce financial and lifestyle services that suit individual clients. 
  • Thu, 25 Oct 2018 12:39
    13 Chinese men accused of running illegal call centre in Chon Buri
    Thirteen Chinese men have been arrested in Chon Buri for allegedly working illegally by renting two houses to use as a call centre to call debtors in China to repay loans with interest.
    Breaking News
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