Bangkok Post – NPL provisions soar at state institutions

Provisions for non-performing loans (NPLs) by specialised financial institutions (SFIs) tallied 263% at the end of fiscal 2023, compared with 194% in September 2022, says a Finance Ministry source who requested anonymity.

In September 2021, NPL provisions soared to 296%.

The source said SFI loans totalled 5.95 trillion baht as of September 2023, up 5.22% year-on-year, while deposits tallied 6.03 trillion, up 3.54% year-on-year.

As of September 2023, NPLs amounted to 294 billion baht, accounting for 4.47% of outstanding loans, an increase from 4.44% in June 2023.

Special mention loans for SFIs, defined as loans overdue from 30 to 90 days, totalled 4.10% of outstanding loans as of September 2023, a…