The amount of new loans to small and medium-sized enterprises (SMEs) in May increased by 20 billion baht from the previous month, a sign that banks have been more enthusiastic on lending with the improved economic climate.
Despite the lower new SME loan growth in May, it outpaced an 8.8% year-on-year overall loan growth of commercial banks, said Salinee Wangtal, an assistant governor of the supervision group.
SME loans in May grew 10.3% over the same period last year, slightly below the 10.8% rise in April.
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