Corporate demand drives rise in bank lending
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Overall net lending by Thai banks in February increased by Bt67 billion or 0.61 per cent from the prior month to Bt110.5 trillion, which also represented a year-on-year rise of 4.36 per cent, Kasikorn Research Centre said on Monday.
The uptrend in bank lending was largely due to borrowings by big corporates seeking to expand their investment, while there was also an increase in hire-purchase loans.
However, the level of new personal loans continued to fall, the research house said.
