In the second quarter of 2025, Thailand's household debt-to-GDP ratio was 86.8%, limiting borrowers' ability to access additional credit. This poses a direct risk to banking operations, particularly in an environment of slowing economic growth, he said. Despite subdued GDP growth and high household debt, SCB plans to pursue positive loan growth in 2026 under a selective strategy. He noted that ongoing government efforts are likely to help to reduce debt burdens and mitigate the country's household debt. "Investment is the key engine for driving economic growth, strengthening Thailand's economic structure, and enhancing its competitiveness within the region," he said.

Source: Bangkok Post January 06, 2026 23:15 UTC