Bank loans may grow more than 2% this year: BoT - News Summed Up

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Bank loans may grow more than 2% this year: BoT


Bank loans may grow more than 2% this year: BoTCommercial bank loans in Thailand may grow more than 2% this year while bad loans are likely to increase as the economy slows, a senior director at the Bank of Thailand (BoT) said on Monday. Non-performing loans (NPLs) could be higher than 3% of total lending at some points this year, Director Tharith Panpiemraas told reporters. In 2019, loans grew 2% while NPLs stood at 2.98% of lending.


Source: Bangkok Post February 17, 2020 08:03 UTC



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