The Bank of Thailand expects its two targeted lending schemes to increase lending to small and medium-sized enterprises (SMEs) by 130 billion baht by the end of next year, as overall bank lending has begun to recover.
Speaking at the Northeastern Regional Seminar hosted by the central bank's Northeastern Office on Monday, Bank of Thailand governor Vitai Ratanakorn said total lending by the banking sector has returned to growth, driven by a 4.8% increase in loans to large corporations, while SME lending remains in contraction.
