CIMBT’s Proudly to Be the First to Report 1Q19 Statement, Showing 92% Increase in Profit!
CIMBT has reported a 92.4% increase of profit in 1Q19.
CIMBT has reported a 92.4% increase of profit in 1Q19.
18 เม.ย. 2562

CIMB Thai Bank Public Company Limited (CIMBT) has reported its 2019 first quarter financial statement through the Stock Exchange of Thailand as follows:

The bank recorded a net profit of THB 325.0 million in 1Q19, increased THB 156.1 million or 92.4% YoY. The increase was due to a 3.4% growth in operating income and a 17.4% drop in provisions, offset by an 8.2% increase in operating expenses.
In the first quarter of 2019, the gross NPL stood at THB 10.0 billion, with a stable gross NPL ratio of 4.3%, unchanged from December 31, 2018. CIMBT has continued to exercise high credit risk underwriting standards and risk management policies. The bank also focuses on improving productivity and monitoring collection.
 