BBL Books ฿9bln. of 3Q18 Profit in Account from Loans Interest Income
BBL gained ฿9 billion of profit in 3Q18, increased by 10.6% from the same period of last year, while the number of its 9 months period also grew by 11% from ฿24 billion to ฿27 billion.
Bangkok Bank Public Company Limited (BBL) has announced its 3Q18 consolidated financial statement through the Stock Exchange of Thailand as follows:
BBL’s net profit grew 10.6% in yoy to reach ฿9 billion baht due to an increase of ฿1,431 million or 8.5% in net interest income mainly from loans. On the other hand, non-interest income fell by ฿330 million or 2.8%, due largely to lower gains on investments and net fees and service income, mainly from lower fees from loan-related services, combined with the decline in fees from transaction services caused by the exemption of transaction fees via digital channels. Non-performing loans (NPL) increased by ฿659 million or 0.79%