Banks booked marginal growth in mortgage loans for the first half of this year as rising interest rates weakened the purchasing power of homebuyers.
Eight of the 10 SET-listed banks in total reported consolidated outstanding mortgages of 2.39 trillion baht as of June, up 1.04% from 2.37 trillion baht in December 2022.
Among the country’s five biggest lenders, Siam Commercial Bank (SCB) booked the highest growth rate of mortgage loan products at 2.69%, while Bank of Ayudhya, under the marketing name of…