remained the main growth driver, while private investment expanded at a slower pace than previously assessed. The value of merchandise exports continuously decelerated from the previous quarter due to the
in economic momentum, the Bank of Thailand revised down Thailand’s economic growth forecast for 2019 to 2.8% (as of September 2019); compared to previous projection at 3.3%. Moreover, the growth
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
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
than previous assessment at 4.0%. Moreover, the growth outlook still challenge with uncertainties from both domestic and external factors due primarily to 1) Trade protectionist measures between US and
marginally from the previous quarter to 40.70 percent, it was better than the target. Meanwhile, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s