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TDRI warns small Pico Finance businesses at risk as loan rules are relaxed
TDRI warns small Pico Finance businesses at risk as loan rules are relaxed
FRIDAY, JUNE 13, 2025
Since its introduction in 2017, the sector has seen rapid growth, with total loan issuance reaching 50 billion bahtGovt settles over 21,000 loan shark cases worth over 1 billion baht
Govt settles over 21,000 loan shark cases worth over 1 billion baht
SATURDAY, OCTOBER 26, 2024
Finance Ministry has also persuaded many non-banking creditors to register as pico-finance firmsPico finance operators dole out almost THB13 billion in small loans
Pico finance operators dole out almost THB13 billion in small loans
WEDNESDAY, JULY 28, 2021
Pico finance operators have given out 553,974 loans totalling THB12.69 billion, or an average of THB22,921 per account, the Fiscal Policy Office (FPO) reported on Tuesday.FPO urges small lenders to help ease borrowers’ burden
FPO urges small lenders to help ease borrowers’ burden
THURSDAY, JUNE 03, 2021
The Finance Ministry’s Fiscal Policy Office (FPO) called on pico-finance operators to give borrowers a break, especially since everyone is struggling due to the ongoing third wave of Covid-19.More applications for pico finance operators as govt cracks down on loan sharks
More applications for pico finance operators as govt cracks down on loan sharks
FRIDAY, MAY 14, 2021
The number of people applying for pico finance and pico-plus finance operation licences has been constantly rising, Pornchai Triraveja, spokesman for the Fiscal Policy Office (FPO) said.Licence applications for pico finance operators on the rise
Licence applications for pico finance operators on the rise
SATURDAY, NOVEMBER 30, 2019
The number of applicants for a licence to become pico finance and pico-plus finance operators continued to increase in October from September, according to Fiscal Policy Office (FPO) spokesman Pornchai Triraveja.KTC awaits licence for nano, pico financing
KTC awaits licence for nano, pico financing
TUESDAY, AUGUST 06, 2019
Krungthai Card Plc or KTC expects to get a licence for nano and pico financing from the Finance Ministry this month, the company’s chief financial officer Chutidej Chayuti said at group interview recently.Bt600m in pico loans approved by end-May: FPO
Bt600m in pico loans approved by end-May: FPO
MONDAY, JULY 23, 2018
Pico-finance operators had approved loans totalling Bt602 million, with a combined 23,000 accounts, as of May 31, Pornchai Theeravet, Fiscal Policy Office (FPO) adviser on the financial sector, said on Monday.
PM wants pico-finance operators nationwide
PM wants pico-finance operators nationwide
WEDNESDAY, MARCH 01, 2017
PRIME MINISTER Prayut Chan-o-cha has urged the establishment of so-called pico-finance operations nationwide to offer low-income people an alternative to resorting to loan sharks, while setting a deadline to eliminate 200,000 informal lenders within two years.