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BPFI Mortgage Approvals August 2021 | PressReleasePoint

BPFI Mortgage Approvals August 2021 | PressReleasePoint
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Jillian Heffernan , Head Of Communications , Banking Payments Federation Ireland , Fintech Payments Association Of Ireland , Federation Of International Banks , Payments Federation Ireland , Approvals Report , Chief Economist , Microsoft Excel , International Banks , Payments Association , ஜிலியன் ஹெஃபர்னன் , தலை ஆஃப் தகவல்தொடர்புகள் , வங்கி கொடுப்பனவுகள் கூட்டமைப்பு ஐயர்ல்யாஂட் , ஃபிண்டெக் கொடுப்பனவுகள் சங்கம் ஆஃப் ஐயர்ல்யாஂட் , கூட்டமைப்பு ஆஃப் சர்வதேச வங்கிகள் , கொடுப்பனவுகள் கூட்டமைப்பு ஐயர்ல்யாஂட் , தலைமை பொருளாதார நிபுணர் , மைக்ரோசாஃப்ட் எக்செல் , சர்வதேச வங்கிகள் , கொடுப்பனவுகள் சங்கம் ,

EXIM set to extend debt relief

Export-Import Bank of Thailand (EXIM Thailand) is poised to extend the two-month debt relief period that began last month for its customers until the end of the year to ease their burden from the impact of the pandemic, said the bank's president Rak Vorrakitpokatorn. ....

Rak Vorrakitpokatorn , International Monetary Fund , Association Of International Banks , Thai Banker Association , Export Import Bank , International Banks , சர்வதேச பண நிதி , சங்கம் ஆஃப் சர்வதேச வங்கிகள் , தாய் வங்கியாளர் சங்கம் , ஏற்றுமதி இறக்குமதி வங்கி , சர்வதேச வங்கிகள் ,

Arkhom: Debt freeze could lengthen

A screenshot of Mr Arkhom during his keynote speech.
Financial institutions should consider if the Bank of Thailand s move to suspend principal and interest payment for two months should be extended to provide more breathing room to small and medium-sized enterprises (SMEs) this year and next as the pandemic s impact has been severe, says Finance Minister Arkhom Termpittayapaisith.
He made the remarks during a keynote speech yesterday at the launch of the World Bank s Thailand Economic Monitor July 2021 The Road To Recovery report.
Mr Arkhom said because the Thai economy is not expected to recover quickly, banks and lenders will have to monitor the situation and consider if debt suspension should be longer than two months. ....

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BoT: Rate cut is not the answer

Deputy Bank of Thailand Governor Ronadol Numnonda
A ceiling rate cut for consumer loans would not be a holistic solution to help ease the debt burden of individual borrowers, says an executive of the Bank of Thailand.
The central bank has been studying cutting the ceiling rate for some consumer loan products to lower the financial cost for retail borrowers. The bank needs to consider the pros and cons of the option, said deputy governor for financial institutions stability Ronadol Numnonda.
Even though a ceiling rate cut would reduce borrowers costs, it might push some of them out of the financial system, he said. Lower interest rates will draw in more loan applicants, and some might be rejected if they do not have good repayment capacity. This could lead them to look for a loan shark, which often have unreasonable rates, said Mr Ronadol. ....

Ronadol Numnonda , Association Of International Banks , Thailand Governor Ronadol Numnonda Deputy Bank , Deputy Bank , Government Financial Institutions Association , Thai Banker Association , Thailand Governor Ronadol Numnonda , International Banks , சங்கம் ஆஃப் சர்வதேச வங்கிகள் , துணை வங்கி , அரசு நிதி நிறுவனங்கள் சங்கம் , தாய் வங்கியாளர் சங்கம் , சர்வதேச வங்கிகள் ,

BoT: Debt holiday for those in need

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The Pathumwan intersection and its skywalk is void of traffic and people during the lockdown hours in the capital. Pattarapong Chatpattarasill
The Bank of Thailand is allowing a two-month debt holiday for individuals and small and medium-sized enterprises (SMEs) suffering a direct impact from the government s latest lockdown measures to combat the pandemic.
The measure, which includes the cooperation of the Thai Bankers Association and the Association of International Banks, targets employees and employers in 10 provinces who have temporarily closed businesses as a result of the tighter lockdown measures.
This measure starts with monthly debt payments for July.
Borrowers who want to apply for this debt suspension measure can contact creditors from July 19. ....

Krung Thep Mahanakhon , Pattarapong Chatpattarasill , Vitai Ratanakorn , Association Of International Banks , Government Financial Institutions Association , Thai Banker Association , Government Savings Bank , International Banks , சங்கம் ஆஃப் சர்வதேச வங்கிகள் , அரசு நிதி நிறுவனங்கள் சங்கம் , தாய் வங்கியாளர் சங்கம் , அரசு சேமிப்பு வங்கி , சர்வதேச வங்கிகள் ,