Thai banks' bad loans decrease as debt restructuring picks up pace

But late payments up as households, small businesses struggle in uneven recovery

20230220 Thailand money

Nonperforming loans in Thailand banks have fallen consistently throughout 2022.  © Reuters

FRANCESCA REGALADO, Nikkei staff writer

BANGKOK -- Nonperforming loans held by Thai banks fell for a third consecutive quarter as banks continued debt restructuring measures amid a tentative economic recovery, the central bank announced on Monday.

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