Consumer loan growth stalls, led by cars | Bangkok Post: business

Business > News

Consumer loan growth stalls, led by cars

  • Published: | Viewed: 7,299 | Comments: 4
  • Newspaper section: Business
  • Writer: Pornsawan Nantha
- +

A decline in consumer loans, particularly for cars, slowed overall lending growth in the January-March period to 9.8% from 11.3% in the prior quarter, while special-mention loans rose by 2.4%. 

Salinee: Bad loans in holding pattern

The already lacklustre economy and the political stalemate apparently dampened demand for some types of loans during the first three months of 2014, said Bank of Thailand assistant governor Salinee Wangtal.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

4 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments