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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
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

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.

(Reporting by Orathai Sriring, Kitiphong Thaichareon, Satawasin Staporncharnchai; Editing by)