NPL Strategy: The Case of Thailand

Event: ADB-ECB Workshop on NPL Resolution in Asia and Europe

NPL Strategy: The Case of Thailand

10 February 2020
Author / Speaker: 
Tharith Panpiemras, Bank of Thailand - Other materials by the author

View Slides

The presentation elaborated on initiatives such as multiple-creditor out-of-court workout schemes and public AMCs, taken by Thailand to resolve the debts. Among the many initiatives launched, the Corporate Debt Restructuring Advisory Committee was considered as key. The committee’s definitive timetable for restructuring, a warning letter, and a fine given by the Bank of Thailand to a non-compliant creditor was found to be effective in removing NPLs. Current NPL resolution measures, including public and private AMCs, debt clinics, and aid packages to small and medium-sized enterprises to handle household debts and expedite corporate restructuring, were also discussed.

Geographical Focus: 
Type of Content: 
Learning Event


The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.