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Bangkok Post
Bangkok Post
Business

Bank of Thailand sees no surge in bad loans after policy rate hike

BoT
People use ATMs outside a building in Bangkok. (File photo: Nutthawat Wicheanbut)

The Bank of Thailand (BoT) on Tuesday it expected no surge in bad loans despite a hike in the benchmark interest rate and urged banks to gradually adjust their rates to help vulnerable groups.

Banks' non-performing loans (NPLs) should gradually rise, helped by debt support measures, Suwannee Jatsadasak, senior director at the BoT, told a news conference.

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