Bangkok Bank and SCB X helped by higher net interest income
Bangkok Bank (BBL) and SCB X reported slight increases in their net profits in the first quarter this year, fuelled by higher net interest income, but tempered by a rise in loan-loss reserves.
BBL, Thailand’s largest lender by total assets, reported a consolidated net profit of 10.5 billion baht for the first quarter, marking a 3.89% year-on-year increase.
The net profit was primarily driven by higher net interest income, as yields…
