BoT governor raises alarm over rising personal debts | Bangkok Post: business

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BoT governor raises alarm over rising personal debts

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Bank of Thailand (BoT) governor Prasarn Trairatvorakul has expressed concern over the rising levels of personal loans and household debts. 

The economy could be hurt if nothing is done to curb the trend, he said yesterday.

Speaking at a seminar on "Managing Risks and Rise to the Challenges of 2013," organised by Krung Thai Bank, Mr Prasarn said the BoT had been working with the Finance Ministry to monitor the level of private debt and prepare measures to control the problem.

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