decelerating rate from 1.9% in the previous year, due to the delay of government’s budget allocation. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2024 to the range of 2 .0%-3.0%, in
) shrank by 1.9 percent and SME loans (excluding financial businesses) contracted by 2.1 percent. Consumer loans (35.9 percent of all loans) grew by 7.5 percent, decelerating from the previous year, with the
minimum payment for all customers from the previous 10 percent to 5 percent during 2020-2021, before gradually increasing to 8 and 10 percent in 2022 and 2023, respectively. (2) K-Credit Card and Xpress
the SET for the previous 14 consecutive business days prior to the resolution of the Board of Directors’ Meeting proposing the Extraordinary General Meeting of Shareholders No.1/2018 to approve the
quarter of 2018, credit demand improved from the previous quarter, due to SMEs’ requirements for working capital and inventory build-up purposes, especially in the agricultural sector. Demand for loans from
Commercial Banking In 2019, the Thai economy grew at a slower pace than the previous year and below its potential. Growth is estimated at 2.5%, the lowest level since 2015 and a significant drop from 4.1% in
2017, overall commercial bank lending increased from the previous quarter and showed sign of improvement in line with the economic condition. However, commercial banks remained cautious in lending as
main contribution in term of passenger growth was from the point-of-sale in China which grew by 59.4 percent from the same period of the previous year. This agreed with considerable growth in passenger
commercial bank lending increased from the previous quarter and showed sign of improvement in line with the economic condition. However, commercial banks remained cautious in lending as their continue concern
of Chinese tourists in the past nine months of 2017, the number grew only by 1.1 percent when compared to the same period in the previous year; the amount in the third quarter was highly recovered from