TITLE

Banking Sector Concerns Unwarranted

PUB. DATE
June 2011
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jun2011, Vol. 22 Issue 6, p3
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents an economic forecast for Thailand for 2011. It states that demand for corporate and consumer loans improved due to a strong economic recovery in 2010 and a potential rise in non-performing loans (NPL) that undermine the country's banking system with risk management capabilities that continue to catch up with the international standards. It indicates monetary tightening by the Bank of Thailand (BoI) and a moderation in real gross domestic product (GDP) growth.
ACCESSION #
60862023

 

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