Banks may see strong loan growth, more bad loans this year: BoT
Commercial banks are expected to post strong loan growth this year, as more large businesses are seeking credit due to the volatile debt market amid the coronavirus outbreak, a senior director at the Bank of Thailand (BoT) said on Monday.
Loans grew 4.1% in the first quarter of this year, compared with 2% in the whole of 2019, Director Tharith Panpiemraas told a briefing. But he did not give a specific forecast.
