The Thai Bankers’ Association (TBA) is considering extending debt restructuring measures as the domestic economic recovery should take a couple of years.
The banking industry has been focusing on helping customers ease their burden via several methods of debt restructuring.
Under the Bank of Thailand’s debt restructuring scheme, this allows debtors to suspend principal and interest payment for up to six months.
The central bank has implemented the debt restructuring programme since April 1.
“We need to monitor the economy before making any decision about the debt restructuring p…
Read the full article at: https://www.bangkokpost.com/business/1932740/tba-mulls-debt-restructuring