Bad loans relating to farm products rise 12% in first quarter
Non-performing loans (NPLs) relating to agricultural products reached 12 per cent in the first quarter of this year, sitting at Bt25 billion, TMB Analysis reports.
The retail and wholesale businesses for small and medium-sized enterprises (SMEs) are in a worrisome situation in terms of debt, said Naris Sathapholdeja, head of TMB Analytics. This is as a result of the technological disruption in businesses and the increasing popularity of online trading, leading traditional SMEs to shrink and NPLs to increase.
The Nation Reporter
