Bad dept spike blamed on drop in spending

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The story "Bad dept spike blamed on drop in spending" was covered 14 hours ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post 14h ago

Bad dept spike blamed on drop in spending - Bangkok Post

Quick Summary:

An increase in non-performing loans (NPLs) during the first seven months of this year primarily stems from wholesale and retail businesses, according to the Small and Medium Enterprise Development Bank of Thailand (SME D Bank).

Furthermore, the Finance Ministry has approved an extension for the reduced contribution rate to the Specialized Financial Institutions Development Fund.

The bank is responsible for creating opportunities for SMEs to access loans while also managing risk at an appropriate level.