Credit Thailand Latest Information

 

Moody's: Malaysia and Thailand Most Vulnerable as Global Credit Gets Tighter
With the global credit cycle getting tighter, many Southeast Asian countries face the risk of elevated household debt increasing the refinancing pressure on mortgage and consumer credit, Moody's has said.

Thailand 6th most unequal country in world
BANGKOK, Oct 21 (Bernama) -- Thailand is ranked 6th in unequal distribution of wealth in the world, the Credit Suisse Global Wealth Report shows.

Household debt high in SE Asia, but manageable: Moody's
Malaysia and Thailand are most vulnerable to rising interest rates, due to high overall indebtedness and a rapid pace of credit accumulation in recent years, noted Moody's Investors Service.

Thailand a happy hunting ground for loan sharks
The problem of illegal money-lending is in the spotlight again after a middle-aged woman from Lop Buri set herself ablaze while filing a plea for help at Government House over a debt of about 1

Chinese men nabbed for using fake credit cards in Bangkok
Police have arrested two Chinese men for using fake credit cards in Thailand. Shang Liming, 30, and Wei Qinlei, 24, were arrested at Siam Paragon on Friday evening while they were trying to buy a Bt59,000 (S$2,300) camera. Siam Commercial Bank (SCB) staff alerted police after discovering the credit card was a fake. Tourist Police Division commander Maj-General Apichai Ti-amataya said following ...

Bt15m credit lines the focus of SME Bank's rehabilitation scheme
THE SMALL and Medium Enterprise Development Bank of Thailand will step up on providing credit lines of up to Bt15 million to small businesses as well as selling bad loans as part of the state bank's urgent scheme to rehabilitate its financial performance.

Fitch Affirms Thailands SVI at BBB+ Outlook Stable
Survey Results: 2014 CDS Independent Price Verification Fitch Solutions has partnered with Structured Credit Investor (SCI) on a global survey of valuation professionals to gather ...

Chinese men caught with fake credit cards
Police have arrested two Chinese men for using fake credit cards in Thailand.

Pattaya Mail
Fitch Ratings has maintained Thailand's credit rating at BBB+ and is awaiting the government's economic stimulation measures.

MOL AccessPortal to bring gift debit cards here
MOL AccessPortal plans to offer new services in Thailand after its parent firm, MOL Global, was listed on the Nasdaq last week.

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