Fitch Ratings expects higher earnings in the Thai banking sector, in line with the country's economic recovery, with loan-loss reserves in the industry having peaked.
Earnings in the Thai banking sector are forecast to continue to improve, driven by the economic recovery and reduced, though still elevated, provisioning, Fitch Ratings' senior director and head of South and South-East Asia banks ratings Tania Gold said at an annual seminar in Thailand on Tuesday.
