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Thai commercial banks to see average 7% growth in 2015 loans: central bank

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Thailand's commercial banks are expected to have an average loan growth of 7.0 per cent this year in line with domestic economic growth, a deputy central bank governor said on Thursday.

[BANGKOK] Thailand's commercial banks are expected to have an average loan growth of 7.0 per cent this year in line with domestic economic growth, a deputy central bank governor said on Thursday.

The loan growth of large-size banks would be 5-9 per cent, with mid- and small-size banks to average 10 per cent, boosted by loans to construction, property and infrastructure, Tongurai Limpiti, told reporters.

Months of political unrest that led to an army coup in May has hurt economic activity and demand for loans. In 2014, the sector's loan growth was about 5 per cent.

REUTERS

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