Thailand’s top three banks have combined non-performing loans (NPLs) of more than US$9.6 billion, the highest in Southeast Asia, but Thai banks overall still have a high level of reserves for bad debts, says the Federation of Thai Capital Market Organizations (Fetco).
Fetco recently released its Capital Market Snapshot report entitled “Aspects in Stability of the Banking Industry in Asean”, revealing information about debt, deposit and loan risks in the commercial banking sector in Thailand and other Asean countries.
According to the report, Singapore has the highest proportion of accounts receivable and deposits from customers…
