Boom time for moneylenders as debt pile drags on Thai recovery

BANGKOK (Reuters) - "Business is great," said Aoy, a moneylender who charges a whopping 10 percent a month interest but finds plenty of takers in Thailand, where a huge pile of household debt is complicating the military government's efforts to revive a sluggish economy.

Thai households are among the most indebted in Asia, and the official figures understate the problem due to the large sums also owed to loan sharks - estimated at as much as $74 billion (£43.2 billion).