The National Credit Bureau (NCB) says it has the authority to reduce the time bad debtors remain on its credit blacklist, currently eight years, with the decision resting with the Committee for the Protection of Credit Information.
Bangkok Post - Minister unveils effort to shrink credit blacklist bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Residential developer Frasers Property Home (Thailand) is planning to launch three new condo projects worth over 1 billion baht per year over the next few years to ensure the company has products in every segment.
Bangkok Post - BBL: Regulator to okay 1% credit card fee this year bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
The National Credit Bureau (NCB) has announced it recorded a 15% rise in non-performing loans (NPLs) in Q1 2024, driven by defaults on auto and mortgage loans. NPLs reached 1.09 trillion baht, with auto NPLs surging by 32% to 240 billion baht and housing NPLs increasing by 18% to 1.99 billion baht.