BANKING SECTOR : Small Lending Growth in May

Thematic (Sector/Industry)

310 Views, 24 Jun 2022 12:52

EXECUTIVE SUMMARY

Given the lesser impacts from the COVID-19 infections and an improvement in economic activity,lending growth in May continued to expand. Going forward, the Thai government announced plans to ease COVID-19
Loans increased 0.2% MoM in May: Ten listed banks reported aggregate net loans to rise 0.2% mom (+5.4% YoY) to Bt12.8tn in May (vs +0.4% mom in April).
Adequate liquidity to support the growth potential: Aggregate deposits also increased by 0.3% MoM to Bt14.7tn in May. Banks with higher deposit growth in May were CIMBT, KBANK, KKP, LHFG

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