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TABLE-Thai ACL Bank Q3 net profit up 81%

Tue Oct 20, 2009 3:00am EDT

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 BANGKOK, Oct 20 (Reuters) - Three months to Sept. 30, 2009
                      (in millions of baht unless stated)
                                 Third quarter
                          2009                     2008
 Shr (baht) profit           0.22  vs  profit         0.12
 Net        profit         243.58  vs  profit       134.62
                                 Nine months
                          2009                     2008
 Shr (baht) profit           0.41  vs  loss            0.30
 Net        profit         448.66  vs  loss          321.13
 Notes: Results are consolidated and unaudited. ACL Bank
ACL.BK, Thailand's smallest lender, is 19.3 percent owned by
Bangkok Bank (BBL.BK) and 30.6 percent by Finance Ministry.
 The two major shareholders was in the process of selling
their shares to China's Industrial and Commercial Bank of China
(ICBC), the world's largest bank by market value.
 ICBC said it was planning to buy ACL for about $545
million, helping it expand its footprint in Southeast Asia.
[ID:nHKG211084]
 ($1=33.31 Baht)
 (Reporting by Arada Kultawanich)



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