The Export-Import Bank of Thailand (EXIM Bank) announced yesterday that its net profit in the first quarter 2005 rose 8.5 per cent to Bt153 million (US$3.87m), up from Bt141 million in the same period last year. The wholly-owned government bank said in a statement that the growth in net profit was a result of higher net dividend and interest income as well as non-interest income. However, provisions for possible loan loss and debt restructuring stood at Bt188 million, up from Bt144 million in the first quarter of 2004. Total assets as of the end of March 2005 amounted to Bt57,838 million, an increase of 9.5 per cent from Bt52,806 million at the end of 2004, while total loans and accrued interest receivables rose slightly to Bt50,020 million from Bt49,436 million. The bank's non-performing loans (NPLs) made up 9.8 per cent of total loans and accrued interest receivables at th
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