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Bangkok Post
Bangkok Post
Business

Conflicts in Middle East drive rise in loan defaults

the Middle East
Customers use services at the Silom Road branch of Krungthai Bank. Continued conflicts in the Middle East contributed to an increase in special mention loans that became non-performing loans in the second quarter.

The migration of special mention (SM) loans to non-performing loans (NPLs) rose in the second quarter of this year, driven by persistent conflicts in the Middle East.

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