Thai banks’ bad loans dip slightly

Quick Summary:

Thai banks’ non-performing loans (NPLs) dropped to 2.78% of outstanding loans at the end of December 2024 from 2.97% at the end of September, the Bank of Thailand said on Tuesday.

The ratio is among the highest in Asia.

The decrease reflected careful loan portfolio management, ongoing debt assistance and the reclassification of certain NPL debtors, the Bank of Thailand said in a statement.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Central September Bank Debt Loans Growth Year 2024 Businesses Dropped Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 15:07:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 287 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Bangkok Post

News ID: 26247836

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