Mr. Somjate Moosirilert, President and Chief Executive Officer, Thanachart Bank Public Company Limited said, "In 2017, the bank's loans increased by 3% from the previous year, mainly due to the expansion of hire purchase loans. To 7%. Net profit of Thanachart Bank and its subsidiaries for the year 2017 amounted to Baht 13,810 million, an increase of 11% yoy and 3 consecutive years or 12 quarters. together As a result, the NPL ratio of the Bank and its subsidiaries was similar to that of the previous year at 2.3%. In line with loan growth, the Bank's capital funds remained high. Tier 1 capital increased to 14.8% from 13.3% at the end of last year. And total capital to risk assets (CAR) at 18.9%. "
Mr. Somjate Moosirilert added that "The success of the bank is due to the importance of customer centric, the focus on quality service in every channel, and the development and introduction of new innovations. For the year 2018, the Bank will focus on strategy. Increase the number of customers. And expand the relationship with the customer. Customer Focused Strategy Combined with the growth of the Bank's core businesses. As a result, the bank can generate a strong operating performance. "The Bank of England is the only bank in the world that has the potential to compete in the banking industry."
cr. https://www.marketingoops.com/news/biz-news/thanachart-bank-delivers-outstanding-performance-with-profit-hitting-record-high/
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