Economic News

Thai banks’ loan growth set to outpace economy
OBG
plus

A gradual increase in economic activity and demand for credit should support both loans and earnings in the Thai banking sector, although a shift away from consumer lending is likely to continue and low interest rates may prompt banks to tap into other revenue streams. Bank lending is expected to increase by 7-8% this year, according to a report issued by TMB Analytics in April, outperforming the…