Senechal Posted July 26, 2017 Share Posted July 26, 2017 "The rule-changes mean credit-card holders can no longer automatically get credit limits of five times their monthly incomes. From Sept. 1, only individuals earning at least 50,000 baht ($1,492) a month can get a maximum spending limit of five times their monthly salary for credit cards. At the end of March, Thailand's household debts were 78.6 percent of gross domestic product, among the highest in Asia, although that eased slightly from 79.8 percent at end-2016. "Thailand's household debt has been high and may affect households and the economy in the long term," Bank of Thailand Deputy Governor Ruchukorn Siriyodhin told a news conference." http://www.reuters.com/article/thailand-cenbank-loans-idUSL3N1KH2R5 Link to comment Share on other sites More sharing options...
petermik Posted July 26, 2017 Share Posted July 26, 2017 Shutting the stable door after the horse has bolted methinks... Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.