CIMBT’s Professional NPLs Management Yields 131% Growth in 3Q18

CIMBT reported an amazing growth of 131% in 3Q18 due to interest income and well managed NPLs.

CIMB Thai Bank Public Company Limited (CIMBT) has announced its 3Q18 consolidated financial statement through the Stock Exchange of Thailand as follows:

CIMBT recorded ฿177 million of profit from its 3Q18 operation, mainly due to almost ฿80 million or 3% YOY of profit from interest income. Meanwhile, CIMBT managed to lower its bad and doubtful debts and impairment losses from ฿1.33 billion to only ฿931 million in the same period of last year.