BANKING
Tisco confident of sustainable growth
No plans to increase capital for expansion
- Published: 22 Jan 2013 at 00.00
- Newspaper section: Business
Tisco Bank sees no need to raise capital despite its relatively low tier-one assets compared with other banks, saying it has used a different method under international rules to manage risks .
The bank is confident it can support its expansion with sustainable profitability.
Chief executive Oranuch Apisaksirikul said the bank's capital adequacy ratio remains strong at 13%, well above the central bank's requirement of 8.5%.
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