Equity Analysis /
Thailand

Thailand: Bank - Asset quality—well begun is half done!

  • 2Q22 aggregate profit beat our estimate and the street

  • Aggregate lending rose by 6.4% YoY and 1.0% QoQ

  • NPLs down 1.5% YoY but up 0.4% QoQ

Poramet Tongbua
Poramet Tongbua

Equity Research Analyst

Bualuang Securities
25 July 2022

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