PUBLISHED : 30 Sep 2024 at 17:41
Low-income earners work near the Tiger God Shrine on Tanao Road in Phra Nakhon district on Jan 22, 2024.
..
PUBLISHED : 30 Sep 2024 at 17:41
Low-income earners work near the Tiger God Shrine on Tanao Road in Phra Nakhon district on Jan 22, 2024. Household debt dropped slightly in the second quarter. (Photo: Apichart Jinakul)
Thailand’s household debt fell marginally in the second quarter as banks tightened lending to control bad loans and borrowers accelerated debt repayment amid the highest interest rate in a decade.
Nationwide household debt calculated as a percentage of the gross domestic product was…