Gross bad loans of commercial banks reduced 3.6% at end-2010.

By bne IntelliNews February 14, 2011
Thailand's non-performing loan ratio of commercial banks reduced to 3.6% at the end of last year, while lending increased by a strong 11.3%. As reported by Dow Jones International News, Bank of Thailand Senior Director Nawaporn Maharagkaga stated that the improving economy, after a series of political interruptions and the global economic slowdown, lifted banks' net profits by 34.5% to THB 120bn last year. The non-performing loans as a percentage of total loans was recorded at 4.8% at the end of 2009, while lending reduced by 1.8%.

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