(Bangkok Post photo)Krungthai Bank (KTB) has closely monitored its small and medium-sized enterprise (SME) borrowers amid sluggish economic growth and focused on non-performing asset (NPAs) management to contain bad loans. The bank's NPAs for SME business are likely to increase on the heels of debt refinancing, said Mr Payong. Despite the subdued loan growth, KTB is maintaining its loan growth target for this year and continues to monitor the economic situation. "The economic stimulus package expected to be launched by the new government will support economic growth in the second half. UOB Thai's SME loan portfolio amounted to 100 billion baht at the end of March, with several business strategies including digital service expected to support the bank's SME loan expansion, he said.

Source: Bangkok Post May 28, 2019 23:32 UTC