Bank of Thailand

BOT is inviting comments and suggestions on the proposed framework by 12 February.

Corporate loans rose from a year ago and consumer loans also grew.

Corporate loans continue to grow whilst consumer loans slowed amidst the Omicron outbreak.

Net profit is 23.6% higher compared to 2020.

But gross non-performing loans rose slightly during the year.

BOT is aiming to issue the new guidelines by June.

This comes at the back of a bleak economic outlook due to the recent COVID-19 outbreak.

Escalation of the pandemic in Thailand will significantly affect business activity in H2.

Looking at more investments in equities.

He replaces Virabongsa Ramangkura, who has retired.