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KBANK profits decline

Kasikornbank showed the consolidated first-half net profit of Bt7.5 billion, down 13.83 per cent on year.

 In its filing, the bank said that as of June 30, its outstanding loans stood at Bt881.65 billion and outstanding deposits at Bt909 billion. Its capital to risk assets ratio stayed at 15.91 per cent, while gross non-performing loans accounted for 3.74 per cent of outstanding loans.

 Thai banks are expected to reveal their first-half results today. In line with economic slowdown, most witnessed a drop in loan extension.

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