NPLs among rice farmers likely to rise | Bangkok Post: Most recent

Most Recent >

NPLs among rice farmers likely to rise

  • Published: | Viewed: 2,293 | Comments: 1
  • Newspaper section: Business
  • Writer: Nuntawun Polkuamdee and Somruedi Banchongduang
- +

With rice farmers facing late payment from the rice-pledging scheme and general debtors earning less due to the stuttering economy, bad loans look likely to increase among leasing businesses. 

Thitikorn Plc (TK), a listed hire-purchase firm for motorcycles and automobiles, has seen signs of tight liquidity among its debtors since last year's third quarter, said deputy managing director Prapol Phornprapha.

He said its non-performing loans stood at 4% at the end of that quarter.

Keep up-to-date with the latest on coup d'etat with Bangkok Post SMS News. Call *451391000 to subscribe – 39 baht/month (7 days free, available in Thailand only) Bangkok Post SMS News: Deliver only trustworthy news on SMS

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

1 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