Banking system’s loan growth declined by 0.4% in the second quarter.
PUBLISHED : 23 Aug 2023 at 07:43
The Bank of Thailand (BoT) affirms up to 80% of credit cardholders can repay their debt at the minimum payment rate of 10%, while the regulator prepares assistance measure to help consumers who cannot comply with the rule.
The BoT assessed there is a small number of credit cardholders unlikely to comply with the minimum card payment rules once they return to regular rates.
Roughly 70-80% of credit cardholders are able to repay debt at a minimum…
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