GHB 2018 profit tops Bt12 billion

Corporate January 21, 2019 11:24

By The Nation

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The Government Housing Bank (GHB) made a net profit of Bt12.61 billion during 2018, an increase of 3.95 per cent over its earlier estimate, the bank's president Chatchai Sirilai said on Monday.



 

 

 

The bank also reduced its non-performing loans from 4.21 per cent in 2017 to 4.17 per cent at the end of last year.

The bank approved new loans worth Bt213.16 billion in 2018, up 8.3 per cent from the previous year, and recorded outstanding loans of Bt1.1 trillion at year-end. 

The bank is aiming to approve new loans in 2019 worth more than Bt203.26 billion, he added.

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