Thai Household Debt Falls to Five-Year Low Amid Decline in New Loans
Thailand’s household debt dropped to its lowest level since early 2020, driven by stricter lending standards and government initiatives aimed at alleviating financial burdens for millions of borrowers. According to…
Thai Household Debt Reaches All-Time High
Average household debt in Thailand has reached a record high, driven by slow economic growth, reduced incomes, and rising living costs, resulting in difficulties for people in servicing their loans,…
Thailand facing 2.67 million debt cases totaling 16 trillion baht
The National Credit Bureau (NCB) in Thailand has disclosed that the country is currently facing 2.67 million debt-related cases, amounting to 15.99 trillion baht. Additionally, out of these cases, 1.05…