Central bank to roll out new guidelines
The Bank of Thailand plans to implement new lending guidelines to prevent over-indebtedness of household borrowers, says Siritida Panomwon Na Ayudhya, assistant governor of payment systems policy and financial consumer protection group.
During a press conference and panel discussion programme entitled “Debt Clinic Relief” organised by Sukhumvit Asset Management Co (SAM) on Monday, Ms Siritida said rising bad debt among the Gen X and Gen Y age groups stemmed from many reasons. Firstly, it was…
