“Borrowers are apparently losing their ability to pay debts, as reflected in significant increases in both new and re-entry non-performing loans (NPLs) in the second quarter of the year.
Gross NPLs rose by Bt97.25 billion, higher than the increase of Bt78.62 billion in the first quarter. The jump was particularly sharp in the manufacturing, commerce, personal consumption and service sectors, according to the Bank of Thailand.
In the second quarter, new NPLs rose by Bt63.97 billion, compared with an increase of Bt39.17 billion in the first quarter. The rise of re-entry NPLs was Bt24.25 billion, higher than the Bt16.79-billion jump in the previous quarter.” (Nation)
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