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Sunday, May 5, 2024

Bangkok Post – Thai borrowers top global rankings for greatest fragility

Government officials kick off the ‘debt settlement market’ event in Nonthaburi last month. (Photo: Varuth Hirunyatheb)

Thailand ranks top in terms of fragile borrowers compared with other countries, and is seeking debt assistance measures from the Bank of Thailand.

According to the data of a credit rating agency, Thai borrowers who enter the central bank’s debt assistance measures account for 11% of total borrowers, the largest level compared with a range of…

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