Thailand's major commercial banks remain strong with high capital adequacy ratios, while bad loans are rising at a slower pace, the central bank said on Tuesday.
The comment came a day after the Bank of Thailand (BOT) listed the country's top five banks as "domestic systematically important banks", which warrant stricter regulation to ensure they stay secure and to reduce risks to the banking system.
An index of bank shares fell half a percent on Tuesday following the BOT's announcement the previous day, which sparked investor fears that the banks may have problems.
The five are Bangkok Bank, Krung Thai Bank, Siam Commercial Bank, Kasikornbank and Bank of Ayudhya.
But those banks are strong, with CAR ratios much higher than the BOT's requirements, Deputy Governor Ruchukorn Siriyodhin told reporters.
In 2019, the five banks must have a total CAR ratio of 11.5 percent, against the minimum requirement of 11 percent.
Bangkok Bank said its ratio was 18.7 percent as of June and KTB said its ratio was 16.27 percent.
Ruchukorn also said overall banks' non-performing loans (NPLs) were still increasing, but at a slower pace, and banks' high provisioning would be able to cope with that.
"NPLs are a lagging indicator, reflecting gradual economic growth," she said.
NPLs stood at 2.95 percent of lending at the end of June.
Reuters
Tue Sep 26 2017
A man withdraws cash from an ATM in Bangkok, Thailand on Sept8, 2017. - REUTERS
Apple Pencil baharu hadir dengan sistem haptik
Apabila digunakan pada skrin iPad, pengguna boleh merasakan tindak balas haptik seakan menggunakan pensel sebenar.
[TERKINI] KPM giat laksana pelbagai inisiatif bagi reformasi pendidikan negara
KPM berkata, Laporan Bank Dunia bertajuk 'Bending Bamboo Shoots: Strengthening Foundation Skills' berkenaan sistem pendidikan negara diambil perhatian.
Tentera AS edar gambar jeti maritim Gaza siap dibina
Beberapa gambar pembinaan jeti maritim oleh tentera Amerika Syarikat (AS) di Gaza untuk menghantar bantuan kemanusiaan telah diedarkan Komando Pusat AS pada Isnin.
Pesara tentera maut dilanggar lori menggelongsor
Orang ramai yang mempunyai maklumat berhubung kejadian diminta menyalurkan maklumat berkenaan kepada pegawai penyiasat kes.
Kenaikan cukai perkhidmatan 8% beri kesan kos operasi, unjuran pendapatan Nestle Malaysia dikurangkan
Perbelanjaan operasi bagi 2024 juga diramal bertambah lagi susulan rasionalisasi bahan api yang berkemungkinan dilaksanakan.
Dua sahabat maut dilanggar bas
Mangsa maut di tempat kejadian akibat kecederaan parah di bahagian kepala.
25 terbunuh bas terjunam gaung di utara Peru
Bas antara negeri itu membawa 50 penumpang apabila insiden itu berlaku kira-kira 10.10 malam waktu tempatan.
Jepun, Uzbekistan berentap final Piala Asia B-23
Pasukan yang kalah dalam penentuan tempat ketiga itu akan menentang Guinea yang berada pada kedudukan keempat.
Che'gu Bard tiba di Mahkamah Sesyen Johor Bahru berdepan tuduhan lagi
Beliau yang hadir bersama peguamnya, Muhammad Rafique Rashid Ali, dijangka berdepan satu lagi pertuduhan mengikut Akta Hasutan 1948.
Niaga AWANI: KWSP: Melestari kehidupan persaraan
Kumpulan Wang Simpanan Pekerja (KWSP) dikatakan bukan satu-satunya organisasi yang bertanggungjawab dari segi menambah baik kehidupan masyarakat. Namun KWSP telah memperkenalkan Akaun Fleksibel dan berkuat kuasa mulai 11 Mei 2024. Bagaimana pengurusan persaraan selepas ini dan apakah pendekatan terbaik bagi meningkatkan literasi kewangan dalam kalangan masyarakat?