The Thai Bankers' Association (TBA) plans to continue its push for the incorporation of data from utility bills into the National Credit Bureau (NCB) database as an alternative source for banks to consult when extending loans to the underbanked segment.
Using utility bills for alternative data will allow borrowers, especially low-income individuals, micro-, small and medium-sized enterprises (MSMEs) and SMEs, to access funding sources.
However, the idea of using the bills as alternative data has not progressed much. The TBA, in collaboration with related public and private parties, will continue to promote the practice, said TBA chairman Payong Srivanich.
