The Bank of Thailand (BoT) has trumpeted its success in helping pandemic-hit borrowers consolidate their debt, with its latest move aimed at further easing their repayment burdens. The BoT will now help individuals consolidate their mortgage and personal loan debts held with different lenders into one institution via refinancing. Previously,Read More →

BANGKOK (Reuters) – Thailand’s central bank has allowed debt consolidation across all financial institutions to help retail debtors pay lower interest rates, an official said on Monday, as policymakers try to mitigate the impact of coronavirus outbreaks. Debtors can combine their unsecured debt with home loans from different banks, ratherRead More →