Thailand

Thailand: Bank - Strong lending growth outlooks; solid financial positions

  • 3Q22 earnings projected to rise 21% YoY but dip 3% QoQ

  • Profit forecast upgrades for 2023, led by higher lending rates

  • High Bank coverage Capital Adequacy Ratio

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Poramet Tongbua @ Bualuang Securities
October 6th, 2022
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