NPL SITUATION HAS |STABILISED, SAYS BOT
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Thai banks' non-performing loans (NPLs) have stabilised, said Bank of Thailand assistant governor Ronadol Numnonda, with improvement in the hire-purchase segment.
The overall picture in the past month has improved, he said. However, loans to small and medium-sized enterprises must still be closely watched, as several companies have entered restructuring processes and are still struggling amid economic sluggishness.
NPLs in the personal-loan and credit-card segments have stabilised, he said, partly because of strict lending criteria.
According to the central bank, total NPLs were valued at Bt360 billion at the end of September or 2.78 per cent of outstanding loans. They increased by Bt49 billion or 15.8 per cent from June, mainly on lending to Sahaviriya Steel Industries.
