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Bangkok Post
Bangkok Post
Business

Central bank expects easing of loan growth

An employee arranges stacks of 1,000-baht banknotes at a branch of Kasikornbank in Bangkok. The rising interest rate is not a key factor dampening loan growth, according to the central bank. (Photo: Reuters)

The Bank of Thailand expects loan growth in the banking industry to slow as demand eases, though rising interest rates should not be a key factor dampening loan expansion.

Bank loans recently increased as assistance to small and medium-sized enterprises helped them recover post-pandemic, especially through the central bank's soft loan programme, said Sakkapop Panyanukul, director of the Bank of Thailand's economic and policy department, at the Monetary Policy Forum on Wednesday.

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