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THE banking system`s non-performing loans (NPLs) amounted to Bt787.18 billion and accounted for 19.3 per cent of total lending at the end of February.

Bank of Thailand said on its website that bank`s NPLs as of end-January, recently released, were under review due to questions about data from the state-owned Krung Thai Bank.

According to the previous figure, the banking sector`s bad loans as of end-January stood at Bt795 billion.

Privately-run banks carried NPLs of Bt481.5 billion, or 18.16 per cent of total lending, at end-February, down from B482.38 billion, or 18.23 per cent a month earlier.

State-owned banks reported delinquent loans of Bt305.68 billion, or 21.54 per cent of outstanding credit at the end of February.

Before the review, the figure for state-run banks` NPLs at the end of February was Bt304.75 billion, or 21.36 per cent of total lending.

Thai Military Bank announced yesterday that its bad loans fell slightly to 23.31 per cent of total lending at the end of February from 23.37 per cent at the end of January.

In terms of value, the bank`s bad loans declined to Bt63.45 billion from Bt63.60 billion in January.

Siam Commercial Bank`s non-performing loans increased slightly to 19.89 per cent of its outstanding credit as of end-February, from 19.82 per cent a month before.

The country`s fourth largest lender in February was saddled with Bt97.85 billion worth of NPLs, compared with Bt97.75 billion in January.

Bank of Ayudhya reported that its non-performing loans accounted for 22.83 per cent of its total loans as of end-February, down from 22.99 per cent in January.

The bank`s NPLs in February, however, rose to Bt75.26 billion from Bt74.63 billion in January.

DBS Thai Danu Bank`s delinquent loans accounted for 7.67 per cent of total loans as of end-February, compared with 7.71 per cent a month before.

The bank`s bad loans in February amounted to Bt5.27 billion against Bt5.24 billion in January.

Bad loans carried by finance companies dropped to Bt32.64 billion, or 23.06 per cent of total lending as of end-February from Bt34.23 billion, or 24.30 per cent at the end of January.

The Nation. 23.3.01
 
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