The National Credit Bureau (NCB) said there is unease regarding rising non-performing loans (NPLs) and special mention (SM) loans in the housing and auto segments as living costs and interest rates are elevated.
NPLs of member financial institutions tallied 1.05 trillion baht in the third quarter of 2023, down from 1.09 trillion baht by 3.6% year-on-year, but up by 1.7% quarter-on-quarter.
NCB chief executive Surapol Opasatien said rising NPLs and SMs among housing and auto hire-purchase loans are a major concern attributed to the higher cost of living and rising interest rates.
Debt repayment of auto loans began to show negative signs from the first quarter, and NPLs have increased from the second quarter, he said.
Despite the debt restructuring programme for auto loan borrowers offered by financial institutions, NPLs remained steady in the third…
