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Corporate Lending Demand Will Be Brisk in Thailand.
Byline: Parista Yuthamanop
Apr. 2--Loan growth will expand at a faster rate this year compared with 2003, supported by rising demand and improving private investment trends, according to Tarisa Wattanagase, a deputy governor of the Bank of Thailand.
Outstanding loans in the banking system stood at 4.95 trillion baht at the end of 2003, up 3.6 percent from the previous year. Total outstanding loans, excluding those from Bangkok International Banking Facilities but adding back in writebacks and loans transferred to asset management companies, were 5.76 trillion baht, up 4.8 percent. Net lending growth in February stood at 45 billion baht, a 5.5 percent ...
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