Thai bank loans likely up more than 2%
Published : Monday, 17 February, 2020 at 5:04 PM Count : 176
A senior director of the Bank of Thailand on Monday said that commercial bank loans in Thailand could increase by more than 2% this year and bad loans could increase as the economy slows.
Director Tharith Panpiemraas told reporters that non-performing loans (NPLs) could be higher than 3% of total lending at some points this year.
In 2019, loan growth increased by 2% and NPL lending stood at 2.98%.-Internet