Baker Tilly Thailand, a tax and accounting specialist, urges close monitoring of non-performing loans (NPLs) in the manufacturing, consumer and commerce sectors, as collectively they dominate the bad loan portion of the local banking system.
Baker Tilly’s Mr Kneale (right) and Mr Yundyong held a briefing in Bangkok yesterday to discuss the financial situation in Thailand. PAWAT LAOPAISARNTAKSIN
At the end of last year, the combined NPLs of the three sectors stood at 180.79 billion baht accounting for 71.12% of the total 254.22-billion-baht NPL portfolio of the local banking industry.
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