{"id":14918,"date":"2026-04-07T08:16:50","date_gmt":"2026-04-07T03:16:50","guid":{"rendered":"https:\/\/fpl.kz\/?page_id=14918"},"modified":"2026-04-07T08:59:48","modified_gmt":"2026-04-07T03:59:48","slug":"thailand-exp-en","status":"publish","type":"page","link":"https:\/\/fpl.kz\/?page_id=14918&lang=en","title":{"rendered":"thailand-exp-en"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"14918\" class=\"elementor elementor-14918\">\n\t\t\t\t<div class=\"elementor-element elementor-element-514997d e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-parent\" data-id=\"514997d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f00d3ec elementor-widget elementor-widget-heading\" data-id=\"f00d3ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Thailand<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3123d1c elementor-widget elementor-widget-text-editor\" data-id=\"3123d1c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><em>Thailand&#8217;s banking system is showing resilience in 2025, despite slowing economic growth and high household debt burdens (~90% of GDP).<br \/>The economy is recovering thanks to tourism and domestic demand, but lending activity remains subdued. <br \/><\/em><\/strong><\/p><h3>Key NPL Indicators<\/h3><ul><li>NPL Rate: 2.84% (2025)<\/li><li>NPL Volume: ~536 billion baht<\/li><li>Stage 2 Loans: ~7.07%<\/li><li>NPL Peak: ~3.1% (2020)<\/li><li>Household Debt: ~90% of GDP<\/li><\/ul><h3>\u00a0<\/h3><h3>NPL Dynamics<\/h3><p>2018 \u2014 3.08%<br \/>2020 \u2014 3.1%<br \/>2023 \u2014 2.31%<br \/>2025 \u2014 2.84%<\/p><h3>Structure of Problem Assets<\/h3><ul><li>Main Risk: SME and Consumer Lending<\/li><li>High Share of Restructured Loans<\/li><li>Significant &#171;Hidden Risk&#187; through Stage 2<\/li><\/ul><h3>\u00a0<\/h3><h3>Institutional Model<\/h3><p><strong><em>Thailand uses a hybrid model:<\/em><\/strong><\/p><ul><li>AMCs (Asset Management Companies)<\/li><li>Government Support Measures<\/li><li>Restructuring Programs<\/li><li>Limited Development of the Secondary Market<\/li><\/ul><h3>\u00a0<\/h3><h3>Key Risks<\/h3><ul><li>High household debt burden<\/li><li>Weak SMEs<\/li><li>Slowing lending (-1.1% in 2025)<\/li><li>Growth of Stage 2 assets<\/li><\/ul><h3>\u00a0<\/h3><h3>Conclusion<\/h3><p>Thailand is an example of a controlled but &#171;latently tense&#187; NPL market:<\/p><ul><li>Low official NPLs<\/li><li>High potential risk<\/li><li>Focus on restructuring<\/li><\/ul><p><strong>Model: &#171;soft resolution&#187;<\/strong><\/p><p><a href=\"\/wp-content\/uploads\/2025\/02\/tailand-experience-en.pdf\">Previously published information<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Thailand Thailand's banking system is showing resilience in 2025, despite slowing economic growth and high household debt burdens (~90% of GDP).The economy is recovering thanks to tourism and domestic demand, but lending activity remains subdued. Key NPL Indicators NPL Rate: 2.84% (2025) NPL Volume: ~536 billion baht Stage 2 Loans: ~7.07% NPL Peak: ~3.1% (2020) Household Debt: ~90% of GDP \u00a0 NPL Dynamics 2018 \u2014 3.08%2020 \u2014 3.1%2023 \u2014 2.31%2025 \u2014 2.84% Structure of Problem Assets Main Risk: SME and Consumer Lending High Share of Restructured Loans Significant \"Hidden Risk\" through Stage 2 \u00a0 Institutional Model Thailand uses a hybrid model: AMCs (Asset Management Companies) Government Support Measures Restructuring Programs Limited Development of the Secondary Market \u00a0 Key Risks High household debt burden Weak SMEs Slowing lending (-1.1% in 2025) Growth of Stage 2 assets \u00a0 Conclusion Thailand is an example of a controlled but \"latently tense\" NPL market: Low official NPLs High potential risk Focus on restructuring Model: \"soft resolution\" Previously published information<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"content-type":"","footnotes":""},"class_list":["post-14918","page","type-page","status-publish","hentry"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>thailand-exp-en - \u0410\u041e &quot;\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432&quot;<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fpl.kz\/?page_id=14918&lang=en\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"thailand-exp-en - \u0410\u041e &quot;\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432&quot;\" \/>\n<meta property=\"og:description\" content=\"Thailand Thailand&#039;s banking system is showing resilience in 2025, despite slowing economic growth and high household debt burdens (~90% of GDP).The economy is recovering thanks to tourism and domestic demand, but lending activity remains subdued. Key NPL Indicators NPL Rate: 2.84% (2025) NPL Volume: ~536 billion baht Stage 2 Loans: ~7.07% NPL Peak: ~3.1% (2020) Household Debt: ~90% of GDP \u00a0 NPL Dynamics 2018 \u2014 3.08%2020 \u2014 3.1%2023 \u2014 2.31%2025 \u2014 2.84% Structure of Problem Assets Main Risk: SME and Consumer Lending High Share of Restructured Loans Significant &quot;Hidden Risk&quot; through Stage 2 \u00a0 Institutional Model Thailand uses a hybrid model: AMCs (Asset Management Companies) Government Support Measures Restructuring Programs Limited Development of the Secondary Market \u00a0 Key Risks High household debt burden Weak SMEs Slowing lending (-1.1% in 2025) Growth of Stage 2 assets \u00a0 Conclusion Thailand is an example of a controlled but &quot;latently tense&quot; NPL market: Low official NPLs High potential risk Focus on restructuring Model: &quot;soft resolution&quot; Previously published information\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fpl.kz\/?page_id=14918&amp;lang=en\" \/>\n<meta property=\"og:site_name\" content=\"\u0410\u041e &quot;\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432&quot;\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-07T03:59:48+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u041f\u0440\u0438\u043c\u0435\u0440\u043d\u043e\u0435 \u0432\u0440\u0435\u043c\u044f \u0434\u043b\u044f \u0447\u0442\u0435\u043d\u0438\u044f\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 \u043c\u0438\u043d\u0443\u0442\u0430\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fpl.kz\/?page_id=14918&lang=en\",\"url\":\"https:\/\/fpl.kz\/?page_id=14918&lang=en\",\"name\":\"thailand-exp-en - \u0410\u041e &quot;\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432&quot;\",\"isPartOf\":{\"@id\":\"https:\/\/fpl.kz\/#website\"},\"datePublished\":\"2026-04-07T03:16:50+00:00\",\"dateModified\":\"2026-04-07T03:59:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fpl.kz\/?page_id=14918&lang=en#breadcrumb\"},\"inLanguage\":\"ru-RU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fpl.kz\/?page_id=14918&lang=en\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fpl.kz\/?page_id=14918&lang=en#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0413\u043b\u0430\u0432\u043d\u0430\u044f \u0441\u0442\u0440\u0430\u043d\u0438\u0446\u0430\",\"item\":\"https:\/\/fpl.kz\/?page_id=8048&lang=kk\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"thailand-exp-en\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fpl.kz\/#website\",\"url\":\"https:\/\/fpl.kz\/\",\"name\":\"\u0410\u041e \\\"\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432\\\"\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/fpl.kz\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fpl.kz\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ru-RU\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fpl.kz\/#organization\",\"name\":\"\u0410\u041e \\\"\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432\\\"\",\"url\":\"https:\/\/fpl.kz\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ru-RU\",\"@id\":\"https:\/\/fpl.kz\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fpl.kz\/wp-content\/uploads\/2024\/11\/group_37-2.png\",\"contentUrl\":\"https:\/\/fpl.kz\/wp-content\/uploads\/2024\/11\/group_37-2.png\",\"width\":374,\"height\":51,\"caption\":\"\u0410\u041e \\\"\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432\\\"\"},\"image\":{\"@id\":\"https:\/\/fpl.kz\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"thailand-exp-en - \u0410\u041e &quot;\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432&quot;","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fpl.kz\/?page_id=14918&lang=en","og_locale":"ru_RU","og_type":"article","og_title":"thailand-exp-en - \u0410\u041e &quot;\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432&quot;","og_description":"Thailand Thailand's banking system is showing resilience in 2025, despite slowing economic growth and high household debt burdens (~90% of GDP).The economy is recovering thanks to tourism and domestic demand, but lending activity remains subdued. Key NPL Indicators NPL Rate: 2.84% (2025) NPL Volume: ~536 billion baht Stage 2 Loans: ~7.07% NPL Peak: ~3.1% (2020) Household Debt: ~90% of GDP \u00a0 NPL Dynamics 2018 \u2014 3.08%2020 \u2014 3.1%2023 \u2014 2.31%2025 \u2014 2.84% Structure of Problem Assets Main Risk: SME and Consumer Lending High Share of Restructured Loans Significant \"Hidden Risk\" through Stage 2 \u00a0 Institutional Model Thailand uses a hybrid model: AMCs (Asset Management Companies) Government Support Measures Restructuring Programs Limited Development of the Secondary Market \u00a0 Key Risks High household debt burden Weak SMEs Slowing lending (-1.1% in 2025) Growth of Stage 2 assets \u00a0 Conclusion Thailand is an example of a controlled but \"latently tense\" NPL market: Low official NPLs High potential risk Focus on restructuring Model: \"soft resolution\" Previously published information","og_url":"https:\/\/fpl.kz\/?page_id=14918&lang=en","og_site_name":"\u0410\u041e &quot;\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432&quot;","article_modified_time":"2026-04-07T03:59:48+00:00","twitter_card":"summary_large_image","twitter_misc":{"\u041f\u0440\u0438\u043c\u0435\u0440\u043d\u043e\u0435 \u0432\u0440\u0435\u043c\u044f \u0434\u043b\u044f \u0447\u0442\u0435\u043d\u0438\u044f":"1 \u043c\u0438\u043d\u0443\u0442\u0430"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fpl.kz\/?page_id=14918&lang=en","url":"https:\/\/fpl.kz\/?page_id=14918&lang=en","name":"thailand-exp-en - \u0410\u041e &quot;\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432&quot;","isPartOf":{"@id":"https:\/\/fpl.kz\/#website"},"datePublished":"2026-04-07T03:16:50+00:00","dateModified":"2026-04-07T03:59:48+00:00","breadcrumb":{"@id":"https:\/\/fpl.kz\/?page_id=14918&lang=en#breadcrumb"},"inLanguage":"ru-RU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fpl.kz\/?page_id=14918&lang=en"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fpl.kz\/?page_id=14918&lang=en#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0413\u043b\u0430\u0432\u043d\u0430\u044f \u0441\u0442\u0440\u0430\u043d\u0438\u0446\u0430","item":"https:\/\/fpl.kz\/?page_id=8048&lang=kk"},{"@type":"ListItem","position":2,"name":"thailand-exp-en"}]},{"@type":"WebSite","@id":"https:\/\/fpl.kz\/#website","url":"https:\/\/fpl.kz\/","name":"\u0410\u041e \"\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432\"","description":"","publisher":{"@id":"https:\/\/fpl.kz\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fpl.kz\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ru-RU"},{"@type":"Organization","@id":"https:\/\/fpl.kz\/#organization","name":"\u0410\u041e \"\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432\"","url":"https:\/\/fpl.kz\/","logo":{"@type":"ImageObject","inLanguage":"ru-RU","@id":"https:\/\/fpl.kz\/#\/schema\/logo\/image\/","url":"https:\/\/fpl.kz\/wp-content\/uploads\/2024\/11\/group_37-2.png","contentUrl":"https:\/\/fpl.kz\/wp-content\/uploads\/2024\/11\/group_37-2.png","width":374,"height":51,"caption":"\u0410\u041e \"\u0424\u043e\u043d\u0434 \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u043d\u044b\u0445 \u043a\u0440\u0435\u0434\u0438\u0442\u043e\u0432\""},"image":{"@id":"https:\/\/fpl.kz\/#\/schema\/logo\/image\/"}}]}},"publishpress_future_action":{"enabled":false,"date":"2026-04-14 13:33:42","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"language","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"eugene","author_link":"https:\/\/fpl.kz\/?author=1"},"rttpg_comment":0,"rttpg_category":" <a href=\"https:\/\/fpl.kz\/?lang=en\" rel=\"tag\">English<\/a>","rttpg_excerpt":"Thailand Thailand's banking system is showing resilience in 2025, despite slowing economic growth and high household debt burdens (~90% of GDP).The economy is recovering thanks to tourism and domestic demand, but lending activity remains subdued. Key NPL Indicators NPL Rate: 2.84% (2025) NPL Volume: ~536 billion baht Stage 2 Loans: ~7.07% NPL Peak: ~3.1% (2020)&hellip;","_links":{"self":[{"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/pages\/14918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fpl.kz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14918"}],"version-history":[{"count":7,"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/pages\/14918\/revisions"}],"predecessor-version":[{"id":14934,"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/pages\/14918\/revisions\/14934"}],"wp:attachment":[{"href":"https:\/\/fpl.kz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}