Thai banks have large excess liquidity

BANGKOK, Nov 25 (Reuters): Thailand's banking system has large excess liquidity and the central bank has not tightened its lending supervision, an assistant governor said on Monday, reflecting banks' reluctance to lend.

The banking system has had a lot of excess liquidity over the past 10 years, as reflected by deposits and investments of commercial banks at the BOT in the past, Sakkapop Panyanukul said in an article published on the Bank of Thailand's website.

Those were as high as 4 trillion baht to 5 trillion baht ($115.64 billion to $144.55 billion), he added.