Thai Economic Indicators 2011

It refers to net flows of financial transactions between residents and nonresidents, reflecting changes of ownership over financial assets and liabilities, which may be categorized as direct investment, portfolio investment and other investment. International Reserves It refer to external assets that are held or controlled by central bank and are readily available for immediate uses, for instance, in financing payment imbalances or in implementing exchange rate policy. Non-performing loan Means loans classified as substandard, doubtful, doubtful of loss, and loss, excluding the doubtful of loss and loans having been written off earlier, which were written back. Debt Service Payments It refers to the payment of the due amount of external debt. Debt service payment consists of the principal repayment on long-term debt and interest payment, both on short and long term debt contracts. Interest Rate It refers to the rate of return or amount of money which borrowers are obliged to pay the creditors on the condition that full borrowed amount would be repaid back in the future, as per agreement. Interbank Rate The short-term money market interest rate which the lending bank charges the borrowing bank on the loan borrowed for the purpose of bridging the liquidity gap. Such lending may be in the form of at-call loans or in the form of fixed term loans, with maturity varying from 1 day to 6 months. In practice, around 50-70 percent, of all Interbank lending are “overnight” loan, followed by “at-call” loans. Lending rate: Minimum Lending Rate (MLR) (or Minimum Loan Rate) refers to the interest rate at which the lending commercial bank charges its most creditworthy major borrowers on loans with pre-specified repayment schedules. Minimum Overdraft Rate (MOR) refers to the interest rate at which the lending commercial bank charges its most creditworthy major borrowers on overdrafts. Minimum Retail Rate (MRR) refers to the interest rate at which the lending commercial bank charges its most creditworthy retail borrowers on loans. This rate, when used in conjunction with the MLR, reflects the difference in risk premium between major and retail borrowers, with the interest rate differential set by the commercial banks, up to the maximum ceiling of 4 %