A sign at Victory Monument reads ‘Fight Covid’. The household debt ratio spiked in the third quarter. (Photo by Pornprom Satrabhaya)
The Bank of Thailand is set to discuss surging infections with the Thai Bankers Association (TBA) concerning the continuity of business operations and assistance for borrowers.
The central bank and the TBA were set to meet near the end of last year to discuss banks’ debt restructuring progress, but the meeting was postponed due to a fresh round of outbreaks in Thailand.
Thaweelarp Rittapirom, executive vice-president at Bangkok Bank (BBL), said the bank prepared measures for the new outbreak based on its business continuity plan under the…
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