34.9 C
Bangkok
Saturday, May 11, 2024

Bangkok Post – Central bank approves household debt asset managers

State banks get go-ahead to form ventures with private firms to tackle growing problem

People take part in a houseold debt mediation event held at the Bangkok Exhibition and Convention Center in Bang Na in February 2022. (Photo: Apichit Jinakul)

The Bank of Thailand will allow state banks to enter into joint ventures with the private sector to establish asset management companies to manage debt and non-performing loans,…

Read more…

Latest Articles