The Bank of Thailand plans to closely monitor the fundraising ability of the business sector following tighter financial conditions related to interest rate hikes.
The central bank sees financial conditions as moderately tighter and in line with previous policy normalisation, though they have not hindered the ongoing economic recovery.
Continued monitoring of businesses’ capability for fresh fundraising from both the loan and bond markets is needed, Piti Disyatat, Bank of Thailand assistant governor for the monetary policy group, said at the Monetary Policy Forum yesterday.
In the third quarter, loan growth in the business sector slowed because of increased repayment of loans incurred during the pandemic, which…
