Thai central bank plans to cut consumer loan rates

BANGKOK, July 21 (Reuters) – Thailand’s central bank is discussing interest rate cuts on some consumer loans, fearing lenders will reject high-risk borrowers and push them into loan sharks, a deputy governor. Last month, Prime Minister Prayuth Chan-ocha called on the Bank of Thailand (BOT) to review the interest rate …

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Interfirst launches product targeting private unoccupied loans

Interfirst’s new “One” program for unoccupied mortgages aims for simplicity, said Bryan Filkey, chief strategy officer. “It’s been my philosophy since studying the difference between iPhone and Android,” Filkey said. “I couldn’t care less about all the different things Android can do for me. I don’t have time to dig,” …

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