Reuters logo
THAILAND PRESS-Three major banks report higher 2013 net profit - The Nation
January 17, 2014 / 12:52 AM / 4 years ago

THAILAND PRESS-Three major banks report higher 2013 net profit - The Nation

Three major banks on Thursday reported higher net profits for 2013 compared with 2012, but the last quarter showed a significant drop from the previous quarter, mainly due to extra loan-loss provision.

Siam Commercial Bank announced a net profit of 50.2 billion baht ($1.53 billion) for 2013, a 28 percent rise from 2012. The substantial gain was attributed to higher net interest income and solid growth in non-interest income, including from fees and insurance premiums.

(link.reuters.com/tad26v)

----

NOTE: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 32.8150 Thai baht) (Bangkok Newsroom; Editing by Subhranshu Sahu)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below