October 19, 2017 / 6:27 AM / 2 months ago

Thailand's Bank of Ayudhya Q3 profit rises 3.2 pct y/y

BANGKOK, Oct 19 (Reuters) - Bank of Ayudhya Pcl, Thailand’s fifth-largest lender, reported its third-quarter net profit rose 3.2 percent from a year ago, driven by an improvement in net interest income.

Bank of Ayudhya, controlled by Japan’s Mitsubishi UFJ Financial Group Inc, on Thursday posted a net profit of 6.01 billion baht ($181.41 million) for the quarter ended September, versus 5.83 billion baht a year ago.

This was slightly lower than an average estimate of 6.1 billion baht from three analysts polled by Thomson Reuters. ($1 = 33.1300 baht) (Reporting by Chayut Setboonsarng, Editing by Himani Sarkar)

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