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Bangkok Post
Bangkok Post
Business

Banks' bad loans down to 2.77% at end of September - c.bank

BoT Thai

Thai banks' non-performing loans stood at 2.77% of total lending at the end of September, down from 2.88% at the end of June, helped by debt restructuring and banks' loan management, the central bank said on Monday.

The banking system remained resilient with high levels of capital, loan-loss provisions, and liquidity, the Bank of Thailand said in a statement.

The BoT did not expect a surge in bad loans due to banks' debt management and support measures, senior director Suwannee Jatsadasak told a news conference.

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