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Monday, April 29, 2024

SME Bank fears NPLs could total 30 billion baht

According to Nartnaree Rattapat from SME D Bank, the bank provided capital support to SMEs amounting to approximately 1.58 billion baht between 2020 and 2022 alone to assist them during the pandemic. period.

Of the total outstanding 30 billion baht, debts classified in the yellow category, meaning some are partially repaid or cannot be fully repaid, come to approximately 16 billion baht. There is a genuine concern regarding an estimated 2 billion baht that will not be able to be repaid and will continue to be problematic in the second half of this year, Nartnaree said.

The bank’s current credit portfolio stands at around 100 billion baht, with approximately 11 billion baht classified as bad debt. This includes approximately 7 billion baht of bad debt accumulated before 2015.

The bank has seen an increase in bad debt by billions of baht, compared to the initial release of…

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