BANKING
Tisco sees profits rise in all three quarters of 2012
- Published: 13 Oct 2012 at 00.00
- Newspaper section: Business
Tisco Financial Group, the holding company parent of Tisco Bank, posted profit gains for both the third quarter and the first nine months, supported by strong loan growth and higher interest- and fee-based revenue.
The bank posted a net profit for the first nine months of 2.71 billion baht, up by 4.6% year-on-year, driven by interest revenue growth of 21.4%.
Outstanding loans as of last month were 228 billion baht, up by 23.3% from last December, the bank said in a statement to the Stock Exchange of Thailand.
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