KK to beat Bt100 billion of assets this year

Kiatnakin Bank (KK) aims to increase its total assets to Bt100 billion by the end of this year by expanding its loans and deposits by 30 per cent and 20 per cent respectively.

The small bank currently has a total asset value of Bt88.8 billion.

The bank was upgraded from a finance company and has operated a fully commercial lending business since late 2005.

KK recorded a net profit of Bt2.15 billion in 2007, up 5.89 per cent from Bt2.03 billion a year earlier.

- The Nation

Somruedi Banchongduang

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