· Sethaput Suthiwartnarueput Wiki · Bank of Thailand WikiLaying the foundations for a sustainable recovery
Read full speech on bis.org ↗ContextKeynote address by Sethaput Suthiwartnarueput, Governor of the Bank of Thailand, at the Stock Exchange of Thailand: Thailand Focus 2023 "The New Horizon", Bangkok, 23 August 2023.
Why it mattersThe governor introduces responsible lending rules to address household debt.
Problems raised
- Household debt in Thailand is high.
- Recovery is uneven.
- Lenders may not always lend responsibly.
Solutions proposed
- Implement responsible lending rules.
- Help persistent debtors with assistance.
- Keep monetary policy supporting sustainable recovery.