Joseph Lim 
Zombie #banking deepens economic woes
"Real #NPLs, not #BoT's reported NPLs, r dangerously high, which prohibits banks fr giving out new loans & begins to recall good loans.. rumour tt #banks reject 70% of certain loan appl'ns is not far fr #truth.. to fix the #Thai #economy, one must start by fixing the zombie #bankingsystem.. The only way to cure zombie fever is to #restructure #householddebt.. #government has #noidea how as the cost wld be prohibitive. Over 5tril baht"
https://www.bangkokpost.com/opinion/opinion/2868223/zombie-banking-deepens-economic-woes
"Real #NPLs, not #BoT's reported NPLs, r dangerously high, which prohibits banks fr giving out new loans & begins to recall good loans.. rumour tt #banks reject 70% of certain loan appl'ns is not far fr #truth.. to fix the #Thai #economy, one must start by fixing the zombie #bankingsystem.. The only way to cure zombie fever is to #restructure #householddebt.. #government has #noidea how as the cost wld be prohibitive. Over 5tril baht"
https://www.bangkokpost.com/opinion/opinion/2868223/zombie-banking-deepens-economic-woes
