News
Registered commercial banks’ profit hit 9-year low
This year’s aggregate net profit of commercial banks registered in Thailand is estimated at 144 billion baht, a nine-year low, attributed mainly to the pandemic impact, says Kasikorn Research (K-Research).The estimate uses the Thai Financial Reporting Standards 9 (TFRS 9).The combined net profit of registered ...
Somruedi Banchongduang
Economic slowdown leads to strict control on bank loans
The Bank of Thailand has reported that data from commercial banks in the second quarter has revealed a spike in overdue debts, and that SME loans are on the rise and have the potential of becoming non-performing loans (NPLs).Tharit Panpiamrat, senior vice president of the ...
The Nation Reporter