Central Banking

Credit card holders set to rise if BOT eases rule

THAILAND - The number of credit card holders is expected to increase significantly if the Bank of Thailand agrees to decrease the minimum monthly salary required to be a card member from 15,000 to 10,000 baht, according to executives in the banking sector.

Somboon Krobtheeravong, manager of Visa International in Thailand and Indonesia, said the easing of the minimum salary requirement would increase the number of eligible applicants for Visa credit cards by 1.7 million from 2.6 million at curr