The Bank of Thailand (BoT) has allowed debt consolidation across financial institutions to help retail debtors pay lower interest rates, an official said on Monday, as policymakers try to ease the impact of coronavirus outbreaks.
Debtors can combine their unsecured debt with home loans at different banks, rather than at the same lenders as previously, Suwannee Jatsadasak, a senior director at the BoT, told a news conference.
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Bangkok , Krung Thep Mahanakhon , Thailand , Suwannee Jatsadasak , Reuters , ,
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