Thai banks' non-performing loans (NPLs) rose slightly in the first quarter to 2.74% of outstanding loans at the end of March
PHOTO
Thai banks' non-performing loans (NPLs) rose slightly in the first quarter to 2.74% of outstanding loans at the end of March from 2.66% at the end of December, the central bank said on Tuesday.
However, bad loans are still manageable and banks remain strong with high levels of capital, the Bank of Thailand said in a statement. (Reporting by Thanadech Staporncharnchai; Writing by Orahtai Sriring; Editing by John Mair)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
