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Central bank: Personal loan growth stable.
Byline: Parista Yuthamanop
Feb. 6--There has been no sign of financial imbalance in the economy resulting from credit within the banking system, according to the Bank of Thailand.
Manufacturing credit slowed, whereas consumer loans accelerated in the third quarter of last year, the central bank noted in the January issue of the Inflation Report.
Consumer loans grew 18.4 percent year-on-year to 916.6 billion baht outstanding, compared with 8.2 percent growth to 1.55 trillion baht in manufacturing credit at the end of the third quarter.
The report said a slowdown in manufacturing credit in the third quarter resulted from a rising ...
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Source: HighBeam Research, Central bank: Personal loan growth stable.