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Sunday, April 28, 2024

Banks post 9-month loan growth of 0.71%

SME demand slowed as debt lingers

Leading banks exhibit financial services at this year’s Money Expo.

Thailand’s six largest banks booked marginal loan growth of 0.71% in the first nine months of 2023 year-on-year as loan expansion was slow among small and medium-sized enterprises (SMEs) and household debt swelled.

Bangkok Bank (BBL), Kasikornbank (KBank), Krungthai Bank (KTB), Siam Commercial Bank (SCB), Bank of Ayudhya…

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