Homefacebook

Loans

Loans forecasted to increase in third quarter

Sarawoot Phacharoen 06.10.2009
Pattaya Chosen to Hold The 10th Money Expo

The 10th Money Expo will be once again held in Pattaya with the concept ‘The Road to Wealth’. The event will be held across the four regions of Thailand with Pattaya being the first location.

Loans forecasted to increase in third quarter

The Bank of Thailand (BoT) recently revealed and predicted that Thai business loans would be increased marginally in the third quarter of this year mainly because small and medium-size enterprises have begun to benefit from the government’s stimulus packages.

Lawsuits reduced, borrowers helped in Pattaya

A new campaign has been launched to help those in debt avoid legal action. The Thai Government Saving Bank and Pattaya City Court has begun a "Compromise before Filing" campaign to reduce law suits and help borrowers renegotiate payment and getting the amount of fines reduced.

Krung Thai Bank expects to meet 2009 loan

Krung Thai Bank (KTB), Thailand's second-largest lender, said on Thursday that its 2009 loan growth target of 5 percent was achievable and reported strong lending in the first five months.

Fed launches new $200B consumer credit program

Jeannine Aversa AP Economics Writer 06.03.2009
Mortgages for foreigners buying in Thailand

HSBC offers a selection of mortgage loans to satisfy individual financing needs, from first time home buyers to investors. The two repayment options are Monthly installments and Fort-nightly installments.

Fed launches new $200B consumer credit program

WASHINGTON (AP) -- The government launched a much-awaited program Tuesday to spur lending for autos, education, credit cards and other consumer loans by providing up to $200 billion in financing to investors to buy up the debt.

Mr. Santi Viriyarangsarit, Editor-in Chief of Money & Banking Magazine, revealed on behalf of the chairman in hosting the Expo that there were many optional services for Expo attendees to select under the campaign of “Easy loan with low interest, Deposit with high interest.”

NEW YORK (CNNMoney.com) Mortgage loan delinquency rates rose for the seventh quarter in a row to hit 3.96%, according to a report out on Monday. That’s a 12% increase from the second quarter’s 3.53% average.


 

Pattaya NewspapersPattaya Times Newspaper Thailand