Thailand household financial conditions fragile, central bank chief says

09/19/2024

Less than a minute

2024.09.19 22:48

BANGKOK (Reuters) – Thailand’s household financial conditions are fragile amid high debt levels, the central bank chief said on Friday.

© Reuters. FILE PHOTO: Bank of Thailand Governor Sethaput Suthiwartnarueput looks on during an interview with Reuters in Bangkok, Thailand, January 23, 2024. REUTERS/Athit Perawongmetha/File Photo

Investment has also been low, Bank of Thailand Governor Sethaput Suthiwartnarueput told a symposium.

Thai household debt stood at 90.8% of GDP as of March this year, among the highest in Asia.

09/19/2024

Less than a minute

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