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21 Feb 2024

Financial Institutions

Hire purchase loans in the Thai banking system are expected to grow by 1.5 percent in 2024, while NPL ratio may increase to 2.22 percent (Current Issue No.3459)

คะแนนเฉลี่ย

    • Hire purchase loans are projected to grow in line with momentum from new car sales. However, the loan growth will remain lower than the 5-year average of more than 6.0 percent before the COVID-19 pandemic.
    • NPLs are still rising. Meanwhile, price competition remains intense due to the limited number of customers with potential.

Financial Institutions