BoT worried over possible rise in NPLs
The Bank of Thailand (BoT) is concerned with the expected higher number of non-performing loans (NPLs) of tourism-related businesses in the second quarter of this year because of the the third wave of Covid-19.
Both the BoT and financial institutions are concerned about rising NPLs in the tourism sector and tourism-related businesses, including aviation, transportation, and restaurants, which are suffering from the severe outbreak.
Somruedi Banchongduang
