Under the changes, effective on Monday, the Bank of Thailand (BOT) will allow buyers of first homes worth less than 10 million baht ($329,489) to borrow an extra 10% for furniture, Ronadol Numnonda told a news conference.
BANGKOK: Thailand's central bank has further relaxed mortgage lending rules to help home buyers, a deputy governor said on Monday, after tighter rules were imposed last year to rein in bad debt.
Under the changes, effective on Monday, the Bank of Thailand (BOT) will allow buyers of first homes worth less than 10 million baht ($329,489) to borrow an extra 10% for furniture, Ronadol Numnonda told a news conference.
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