(EPA/EFE photo)Commercial banks' loans may grow close to 4% this year, while non-performing loans are expected to peak in the final quarter of the year, a senior central bank official said on Friday. In August, the central bank said banks' loans could expand 4-6% this year. Last year, loans rose just 2%, the smallest pace in seven years. In the January-September period, banks' loans increased 3.3% from a year earlier, she said. The central bank in September upgraded its economic growth forecast to 3.8% for both 2017 and 2018.

Source: Bangkok Post November 10, 2017 08:48 UTC