Boost seen from Thai Airways rehab exitListen to this articleThai Airways aircraft on the tarmac at Suvarnabhumi airport. The national carrier will undergo capital restructuring in this year's fourth quarter as part of its business rehabilitation plan. (Bangkok Post file photo)Creditors of Thai Airways International (THAI), especially Bangkok Bank (BBL) and Krungthai Bank (KTB), will receive a boost from the national carrier's planned exit from its rehabilitation plan in mid-2025 as the banks are being given multiple options for debt repayment, analysts say. The Central Bankruptcy Court is expected to approve its exit from the rehabilitation plan in May and the carrier's shares would then be able to resume trading on the SET by the end of June. Meanwhile, KTB's NPL ratio is forecast to drop from 3.85% to 3.59% and its NPL coverage ratio to rise from 181% to 192%, Mr Weerapat added.

Source: Bangkok Post October 22, 2024 04:53 UTC