Repayment progress in Q3

Borrowers showed improved debt-servicing ability in the third quarter, especially for numerous auto loan customers that exited from the Bank of Thailand’s debt relief measures.

Commercial banks provided financial assistance to customers worth a total of 3.78 trillion baht from July to September, making up 26% of the commercial bank industry’s total outstanding loans, said Suwannee Jatsadasak, senior director of the regulatory policy department. The amount was a decline from 4.55 trillion baht or 31% of total outstanding loans logged in the second quarter.

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Somruedi Banchongduang