, particularly from large corporate and SME. However, the commercial banks remained cautious in lending as the loan quality continued to deteriorate especially SME loan. Overall NPL ratio increased marginally from

expansion of the economy, better loan management in the commercial banking system, banks’ cautious lending policies, and the Bank of Thailand’s macroprudential measures to control risky loans. Moreover, banks

pace. However, commercial banks will still be cautious in their lending policies. The relatively high level of capital and increases in reserves will continue to provide a cushion for the system’s NPL

consumption by industrial sector decreased by 1.7% due to the economic slowdo wn of the main trading partners, as well as the more cautious stance of the financial institutions in granting loans, resulting in