Bank of Thailand statistics show ‘resilient’ banking system
The Bank of Thailand has published a report on the performance of the Thai banking sector in second-quarter 2012, finding significant increases in lending and profits. A steadily declining rate of non-performing loans is also demonstrated.
The central bank said the banking sector "remained resilient" in the second quarter of the year. Total lending grew by 14.2% compared with the corresponding period in 2011, up from 13.9% in first-quarter 2012. Lending growth accelerated in all sectors except
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