Bank of Thailand positive on cardholders’ payment

Banking system’s loan development decreased by 0.4% in the 2nd quarter. PUBLISHED : 23 Aug 2023 at 07: 43 The Bank of Thailand (BoT) verifies up to 80% of credit cardholders can payback their financialobligation at the minimum payment rate of 10%, while the regulator prepares support procedure to aid customers who cannot comply with the guideline. The BoT examined there is a little number of credit cardholders notlikely to comply with the minimum card payment guidelines assoonas they return to routine rates. Roughly 70-80% of credit cardholders are able to payback financialobligation at a minimum payment rate of 10% of the balance per month, stated the main bank’s assistant guv for guidance Suwannee Jatsadasak. At present, the main bank enables credit cardholders to payback financialobligation at a minimum rate of 5% of the balance per month under its financialobligation help steps to aid customers cope with the effect o
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