The bank’s net interest income increased by Bt2.10 billion or 4.76 per cent and net interest margin (NIM) stood at 3.42 per cent. KBank and its subsidiaries reported net profit of Bt8.98 billion, a decrease of Bt1.18 billion or 11.65 per cent over the previous quarter. Operating profit was Bt23.45 billion before provision expense and income tax expense, approximate to the previous quarter profit of Bt23.38 billion. Net interest income increased by Bt255 million or 1.11 per cent and NIM stood at 3.43 per cent. Non-interest income increased by Bt 450 million or 2.90 per cent over the previous quarter.

Source: The Nation Bangkok July 20, 2017 11:26 UTC