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Bangkok Post

Business

BIZARRE: Listed banks post flat loan growth | Mind Blowing Facts

KResearch Siam Commercial Bank Thailand

Siam Commercial Bank reported the highest loan expansion for the first two months at 2.98%. (Photo: Nutthawat Wicheanbut)

The banking sector is expected to post marginal loan growth in the first quarter this year, attributed to sluggish demand caused by the global economic slowdown and Thailand's uneven economic recovery.

Data from the Stock Exchange of Thailand (SET) revealed that as of February, the 10 SET-listed banks reported combined loans outstanding of 12.9 trillion baht, down by 0.04% from the end of last year.

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