Thailand's Ministry of Finance said reports that pico finance credit operators are returning their licences en masse due to rising non-performing loans are misleading and that it has not found any abnormal level of licence returns.
Ministry of Finance (Thailand) 2025-06-13
Thailand's Ministry of Finance says reports of pico finance lenders rushing to return licences are misleading
Thailand's Ministry of Finance refuted claims that pico finance credit operators are returning their licenses en masse due to rising non-performing loans, stating no abnormal level of license returns has been observed.