BOT confident in banks' lending discipline despite Moody's report
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The Bank of Thailand has confidence in commercial banks' discipline in terms of credit extension, while household credit and property loans remain at normal levels to support growth, a central bank official said.
The comment came after international credit rating agency Moody’s Investors Service showed concern over Thailand’s rising household and property credit growth.
Krirk Vanikkul, the BOT’s deputy governor for Financial Institutions Stability, said the BOT kept a watch on such issues and always warned commercial banks to take caution on their credit extension. The BOT believes credit-extension discipline remains at a relatively good level.
The Nation
