Equity Analysis /
Thailand

Thailand (Bualuang): Bank-YoY recovery to continue through 3Q-4Q21

  • 3Q21 coverage earnings should rise YoY but dive QoQ

  • 4Q21 coverage profit should rise YoY and QoQ

  • BOT measures will improve asset quality and mitigate LLPs

Poramet Tongbua
Poramet Tongbua

Equity Research Analyst

Bualuang Securities
6 October 2021