1 Rule Keeps Credit Card Debt Under Control

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​Private debt managers brace for consolidation amid regulatory and operational strain | News

The findings highlight growing pressures from regulation, operational challenges, and shifting deal activity that are reshaping the sector. The research found that 96% of private debt managers anticipate consolidation over the next five years, with 72% expecting it to be significant. The survey covered 25 senior executives at private credit managers, collectively overseeing $196bn in…

SCB Reaffirms on Bad Debt Management with Ambitious Goal

Mr. Kris Chantanotoke, Chief Executive Officer of the Siam Commercial Bank Public Company Limited (SCB), made a comment regarding the economic situation in Thailand and trend of commercial banks amid fast-pace digital transformation. The CEO stated that the company can maintain and cap its non-performing loans (NPL) at about 3.31% despite facing the volatility in…