Krungthai Card Public Company Limited (KTC), in collaboration with Krungthai Business Leasing Co., Ltd. (KTBL) and Win Performance Co., Ltd., has partnered with the Legal Execution Department to organize the "Debt Mediation Fair 2026." The initiative will be held five times across eight provinces nationwide, aiming to provide debtors—particularly those with final court judgments—with access to post-judgment mediation. The program facilitates debt restructuring negotiations and fair case settlements, with the Legal Execution Department acting as a neutral mediator. Participation is entirely free of charge.
Amid Thailand's persistently high household debt levels, data from the National Economic and Social Development Council (NESDC) and the Bank of Thailand indicate that, in 2025, household debt stood at over THB 16.3 trillion, equivalent to approximately 86-88% of GDP. Although the ratio has shown slight signs of easing, it remains elevated compared to many countries in the region. The Thai credit system currently accounts for more than 80 million debt accounts, most of which are retail loans tied to everyday living expenses.
These figures underscore that debt is not confined to a specific group, but rather represents a structural issue requiring systematic solutions. This is especially true for debtors who have already entered legal proceedings, many of whom are unaware that mediation remains a viable option even after a court ruling has been issued.
Mr. Peerapong Pitrpibulpatit, Chief - Head of Office of President & CEO of KTC, stated: "Debt mediation is not about placing additional pressure on debtors; it is a constructive process that allows both debtors and creditors to return to the negotiating table on the basis of mutual understanding and fairness. With the Legal Execution Department serving as a neutral intermediary, the process helps reduce information asymmetry and bargaining imbalances. It transforms the tension of legal enforcement into a collaborative effort to reach mutually acceptable solutions—enabling debtors to regain stability, plan their future, and move forward with confidence."
Through the "Debt Mediation Fair 2026," KTC and its partners aim to expand access to mediation services across both central and regional areas. The next events are scheduled for May 17, 2026, in Rayong and Phetchaburi, with additional sessions to be held in other provinces throughout the year.
At the event, participants will have the opportunity to negotiate debt restructuring, develop new repayment plans, and explore appropriate settlement options. Officials from the Legal Execution Department, KTC, and related agencies will provide close guidance throughout the process. Participation is voluntary and free of charge.
Interested individuals may register in advance at https://www.ktc.co.th/mediation. Required documents include:
For self-representation:
- A copy of the debtor's ID card (1 set)
- A copy of name/surname change certificate (if any) (1 set)
For authorized representatives:
- A certified copy of the debtor's ID card (1 set)
- A copy of name/surname change certificate (if any) (1 set)
- A copy of the representative's ID card (1 set)
- A power of attorney document (1 set)
For further information, please contact +66 2 631 3399 or +66 2 631 3668.
From a broader economic and social perspective, debt mediation serves as a crucial mechanism for reducing
disputes, lowering social costs, and enabling debt to be reintegrated into the financial system more effectively. It also contributes to strengthening household financial stability—an essential foundation for long-term economic resilience.
This collaboration between KTC, the Legal Execution Department, and all partners reinforces the role of financial institutions and public agencies as enablers that stand alongside people during challenging times, rather than adding to their burden. It reflects a shared belief that when debt burdens are eased, individuals can once again pursue their aspirations and move forward with renewed hope.