Bangkok Bank net profits go beyond Bt9 bn in third quarter

[rooster59]

Bangkok Bank net profits go beyond Bt9 bn in third quarter

By THE NATION

 

 

Bangkok Bank and its subsidiaries posted net profits worth Bt9.438 billion for the third quarter of this year, marking a 4.5 per cent increase from the same period last year.

 

 

The earnings were mainly from a 9.6-per-cent rise in net fees and service income, driven by higher fees from Bancassurance and mutual funds in line with the bank’s strategic intent. 

 

Net income from interest dropped slightly by 1.7 per cent due to a contraction in loans, while the net interest margin stood at 2.35 per cent. 

 

The bank has continued to focus on prudent control over credit underwriting and risk-management to ensure loan quality and maintain appropriate allowance for doubtful accounts.

 

Source: https://www.nationthailand.com/business/30377538

 

-- © Copyright The Nation Thailand 2019-10-19

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[wreckingcountry]

They should spend money updating their computers in branches and not charging for a new bank card when a previous one stops working ! As ever in LOS major corporations can make billions and provide lousy customer service ! Companies are the gods

 

 

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[PatOngo]

The 300 baht per labourers must be stashing it away!

[Kwasaki]

4 hours ago, rooster59 said:

The bank has continued to focus on prudent control over credit underwriting and risk-management

Management !! ????  I dread going our main branch lots of staff but getting and waiting for counter service is good for anger management.

 

Using our Big 'C' small branch is better.