Earnings Report /
Thailand

Bank of Ayudhya PCL: Big beat! Lighter LLPs

  • Earnings were 48% above our expectation

  • BAY posted a 3Q21 profit of Bt6.4bn

  • 3Q21 lending increased 1.8% QoQ

Poramet Tongbua
Poramet Tongbua

Equity Research Analyst

Bualuang Securities
21 October 2021