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Wednesday, March 21 8:07 PM SGT Thai Ctrl Bk: End-Jan BIBF Loans Down 21.5% on Year BANGKOK (Dow Jones)--Loans extended under Bangkok International Banking Facilities, or BIBF, amounted at end-January to almost 420 billion baht ($1=THB43.931), a decline of 21.5% on year, the Bank of Thailand said Wednesday in a regular report. BIBF are off-shore banking facilities set up in the early 1990s, loans extended by BIBF have been falling consistently since the 1997 financial crisis. BIBF units are operated by both Thai and foreign commercial banks. Of the total, loans extended to domestic debtors amounted to THB377 billion, down 20.6% on year, while loans extended to foreign-based customers amounted to some THB43 billion, down 28.6% on year. Out of the overall decline of BIBF loans over the period, some THB39.2 billion belonged to Thai commercial banks, representing a 34.7% decline, the report said. Out of the total remaining BIBF loans, some THB218.4, or 52% of the total, were extended to manufacturing industries, while loans to banks and finance companies represented 14.7% and 12.2%, respectively. -0- 21/03/01 12-07G weitere NPL`s: Bangkok Bank 18.84 Prozent Ende Feb. Thai Siam City Bank 58.82 Prozent Ende Feb. |
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| aus der Diskussion: | Waste or make money in Thailand |
| Autor (Datum des Eintrages): | BodyG (22.03.01 08:58:15) |
| Beitrag: | 579 von 611 (ID:3149891) |
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