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Published on October 19, 2007

The bank's good showing was attributed to continued growth in interest and fee income and fewer bad loans.

SCB said in a statement that the bank had lowered its non-performing loans (NPLs) to 7.5 per cent, from 8 per cent in the second quarter. Thus, the bank's net profit for the first nine months of the year totalled Bt13.33 billion, up 10 per cent year on year. Bangkok Bank (BBL) yesterday announced an 18-per-cent year-on-year increase in its third-quarter net profit, to Bt5 billion. Its pretax preprovisioning profit amounted to Bt8.7 billion, up 43.7 per cent.

BBL's loans grew 3.9 per cent from the end of 2006 to the end of last month, totalling Bt995.4 billion. Its NPLs stood at 8.7 per cent of total lending, down from 9.1 per cent in June.

Meanwhile, TMB Bank yesterday announced a consolidated third-quarter net loss of Bt2.54 billion, compared with a net profit of Bt1.29 billion in the same period last year.

The Nation