AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/article-1G1-120208296/thai-government-housing-bank.html" title="Facts and information about Thai Government Housing Bank Offers Interest Cuts to Debtors.">Thai Government Housing Bank Offers Interest Cuts to Debtors.</a>
Close
Set up an RSS feed that alerts you when new articles from Bangkok Post (Bangkok, Thailand) are available.
Frequently asked questions about RSS feeds
Thai Government Housing Bank Offers Interest Cuts to Debtors.
Byline: Wichit Sirithaveeporn
Sep. 7--The Government Housing Bank will offer to reduce accrued interest totalling 49 billion baht in an attempt to encourage 90,000 non-performing debtors to resume making repayments.
The bank aimed to reduce bad loans from 17 percent of its lending portfolio to less than 10 percent, president Khan Prachuabmoh said yesterday.
The bank's bad loans are normally subject to a penalty interest rate of 19 percent. However, after approval from the Finance Ministry, the rate will be cut to 4.5-6.5 percent, provided that debtors complete repayments over the next five years.
Based on outstanding debts (including ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- Bad Loans Worth 550 Billion Baht to Be Transferred to Thailand Corporation.
- Newspaper article from: Knight Ridder/Tribune Business News October 13, 2001 700+ words
Bangkok Post, Thailand Knight...billion baht worth of bad loans will be transferred...billion at net value. Bad loans at TFB would fall...new and re-entry bad loans coming back...see more of the Bangkok Post, or to subscribe...
- Bangkok Post, Thailand, Business Briefs Column.
- Newspaper article from: Knight Ridder/Tribune Business News September 6, 2001 700+ words
Bangkok Post, Thailand Knight...billion from June. Bad loans at private banks...state banks reported bad loans of 92.5 billion...9.9 billion in bad loans cleared through...see more of the Bangkok Post, or to subscribe...
- Bangkok Post, Thailand, Guest Column.
- Newspaper article from: Knight Ridder/Tribune Business News November 17, 2003 700+ words
Bangkok Post, Thailand Knight Ridder...adequacy, raise provisioning for bad loans, and accelerate the disposal...better incentives to dispose of bad loans. That means improving the system for determining bad loans, and strengthening the provisioning...
- Bangkok Post, Thailand, business briefs column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) April 5, 2005 700+ words
...headlined "KTB considers legal action over bad loans" , published on Page 1 of yesterday...offering shares. To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2005, Bangkok Post, Thailand Distributed by Knight Ridder...
- Bangkok Post, Thailand, Ahead of the Curve column.
- Newspaper article from: Knight Ridder/Tribune Business News July 16, 2004 700+ words
By Michael Preiss, Bangkok Post, Thailand Knight Ridder/Tribune...buildup and progress on the disposal of bad loans accounted for the majority of the...accelerate Japan's efforts to clean up bad loans. A very positive development for...
- The Bangkok Post, Thailand, business briefs column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) July 26, 2005 700+ words
...billion baht from the previous quarter. Bad loans at the end of March totalled 596.19...049,030 b/d. To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2005, Bangkok Post, Thailand Distributed by Knight Ridder...
- Bangkok Post, Thailand, Nikhil B. Srinivasan Column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) February 14, 2002 700+ words
...private banks to bite the bullet at some point. If a major portion of bad loans were restructured in the next year, we avoid Japan and move to the...can be reached at nikhil@n2publications.com. To see more of the Bangkok Post, o
- State-led buyout considered for bad loans held by tsunami victims.
- News wire article from: Knight Ridder/Tribune Business News February 1, 2005 700+ words
...C.P. Yuthamanop, Bangkok Post, Thailand Knight Ridder...considering a plan to buy bad loans held by tsunami victims...To see more of the Bangkok Post, or to subscribe to...com. (c) 2005, Bangkok Post, Thailand. Distributed...
- Level of Bad Loans in Thailand Close to 18 Percent Under Revised Calculation.
- Newspaper article from: Knight Ridder/Tribune Business News September 14, 2002 700+ words
...Parista Yuthamanop, Bangkok Post, Thailand Knight Ridder...chair a workshop on bad loans and debt restructuring...briefing on current bad loans to clear up ambiguities...percent of restructured bad loans had re-entered the...To see more of the Bangkok ...
- Bank of Ayudhya Takes Aim at Remaining Bad Loans.
- Newspaper article from: Knight Ridder/Tribune Business News June 18, 2003 700+ words
...By Darana Chudasri, Bangkok Post, Thailand Knight Ridder...bank expects to reduce bad loans to under 60 billion...70 percent of total bad loans. Most of the bad loans...comprise the bulk of bad loans in value terms, at...To see more of the Bangkok ...
Source: HighBeam Research, Thai Government Housing Bank Offers Interest Cuts to Debtors.