Published: 2009/10/21
CIMB Thai Bank, 94 percent-owned by Malaysia’s CIMB, was up as much as 1.7 per cent at 1.76 baht at one stage after the bank expected to return to the black this year for the first time in four years on higher net interest margins and falling provisioning expenses, its chief said.
The lender reported a 54 per cent drop in third-quarter net profit to 461.4 million baht on Tuesday. - Reuters