For the first quarter of 2018, Bangkok Bank and its subsidiaries’ net interest income amounted to Bt17.1 billion, an increase of 5.2 per cent from the first quarter in 2017, with a net interest margin of 2.34 per cent. Non-interest income was Bt14.4 billion, an increase of 31.8 per cent, due predominantly to an increase in net fees and service income and gains on investments. The increase in net fees and service income was mainly attributed to a rise in fee income from mutual funds and loan-related services. Consequently, net profit attributable to owners of the Bank was Bt9 billion, an increase of 8.4 per cent from the first quarter of last year. Shareholders’ equity as of March 31, 2018, amounted to Bt405.5 billion.

Source: The Nation Bangkok April 20, 2018 04:18 UTC