While the higher cost of living has impacted vulnerable borrowers and driven some of them back to debt relief measures, banks' current holding of interest rates unchanged will help ease their financial burden, said an executive of the Bank of Thailand.
The borrowers, both individuals and businesses, who are in the banks' debt assistance measures were 3.84 million accounts, with a total loan amount of 2.9 trillion baht as of May.
Most of them are in vulnerable segments, especially lower-income individuals and small and medium-sized enterprises (SMEs), the central bank's senior director Suwannee Jatsadasak said yesterday.
