Thai central bank sees bad loans rising amid new virus wave, but not a concern yet

Thai banks strong, can weather economic uncertainty - central bank - Copyright (c) Copyright Thomson Reuters 2021. Click For Restrictions - https://agency.reuters.com/en/copyright.html

By Reuters

Published on 14/05/2021 - 07:15•Updated 24/04/2024 - 10:41

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BANGKOK (Reuters) - Thailand's central bank said bad loans were likely to increase somewhat, but were not a worry yet as the country deals with a third wave of coronavirus infections.

The central bank will closely monitor the situation, Deputy Governor Ronadol Numnonda told a briefing on the extension of debt relief measures until the end of the year.