Siam City Bank (SCIB) reported third-quarter net profits of 1.32 billion baht, or 0.62 baht per share, beating analysts’ forecasts, up from net loss of 3.97 billion baht or minus 1.88 baht per share in the same period a year earlier. The bank’s net profit for nine months was 3.47 billion bah or 1.64 baht per share in 2008, when compared with net loss of 3.41 billion baht or minus 1.61 baht per share in 2007.

1. 

   [...] expected to have non-performing loans (NPL) of around 5 percent of its total lending. It reported a net profit of 3.47 billion baht in the third [...]

   Posted by Thailand Finance Business News and Lifestyle - SilomJournal.Com | Siam City Bank plans capital raising by mid-2009 | October 20, 2008, 5:25 pm