Catch the signal... Accelerating debt restructuring

After some commercial banks recently signaled the increasing “sufficiency” in Thai society, stating that the cost of living has increased rapidly and remains high, causing Thai households to increasingly struggle to make ends meet. Previously, we were monitoring vulnerable groups or households with an income of around 20,000 baht per month who needed assistance in both alleviating their cost of living and expediting debt restructuring so that the remaining money could be used for more daily expenses. Since the beginning of this year, we have heard news of increased rejections of new loans because the debtors’ financial status has worsened, along with signs of problems in debt repayment among lower-middle class people or households with an income of 40,000-60,000 baht. แทงบอลยูโร

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