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Tuesday, May 14, 2024

Interest income to drive banking profits

Customers look at financial services at a Money Expo. The banking industry’s profits are estimated at 186-191 billion baht for the first nine months of 2023.

Kasikorn Research Center (K-Research) expects total net banking profits to rise to around 190 billion baht for the first nine months of this year, supported by rising interest income in line with policy rate hikes.

The centre forecasts combined net profits for the banking industry of 186-191 billion baht for the…

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