The Export-Import Bank of Thailand has announced that its first-quarter 2004 profits amounted to 141 million baht (US$3.5m), an increase of 73% from 81.4 million baht (US$2.0m) in the same period last year.
Net assets at the end of March totalled 48.1 billion baht, compared with 47.93 billion at the end of 2003. Deposits were 43.18 billion, up slightly from 43.12 billion at the end of 2003.
Non-performing loans (NPLs) at the end of March were 4.5 billion baht, or 10.5% of total outstanding credit, up from 9.5% at the end of 2003.
Source: Asia Intelligence Wire
