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Thai banks may see 2015 loan growth of 4.4%: central bank

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Thai commercial banks could see their lending increase by 4.4 per cent in 2015, a central bank official said on Tuesday.

[BANGKOK] Thai commercial banks could see their lending increase by 4.4 per cent in 2015, a central bank official said on Tuesday. "For this whole year, it (lending) should grow no less than 4.4 per cent which is not a bad figure given the economy at the moment," Jaturong Jantarangs, senior director of the Financial Institutions Strategy Department, told a media briefing on the April-June performance of commercial banks.

Lending by the banks was 4.6 per cent higher in the second quarter than a year before after growth of 4.3 per cent in the first quarter, he said.

REUTERS

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