Bad loans from Thai banks at 2.98% of lending at the end of December By Reuters

© Reuters

BANGKOK (Reuters) – Thai banks’ non-performing loans declined slightly to 2.98% of total lending at the end of December, from 3.14% at the end of September, aided by measures to support borrowers, the central bank said Monday.

The banking system remained strong with high levels of capital buffers, provisions and liquidity, the Bank of Thailand said in a statement. Loans rose by 6.5% last year.

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