Impact of Decreased Spending on Non-Performing Loans in Thailand
Monday, 22 July 2024, 03:20
Overview of the Situation
An increase in non-performing loans (NPLs) during the first seven months of this year is primarily attributed to a decline in consumer spending.
Key Affected Sectors
- Wholesale businesses
- Retail businesses
Conclusion
As businesses face mounting pressures from decreasing revenue, the rise in NPLs calls for concerted efforts in risk management and strategic planning to stabilize the economy.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.