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21 Feb 2024

Econ Digest

Hire purchase loans in the Thai banking system are expected to grow by 1.5% in 2024, while NPL ratio may increase to 2.22%

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% before the COVID-19 pandemic.
  • NPLs are still rising. Meanwhile, price competition remains intense due to the limited number of customers with potential.

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