RETAIL BANKING | Roxanne Uy, Thailand

Thai banks' net profit to rise 27% this year

So which banks in Thailand will have the highest net profit growth in 2012?

According to Maybank Kim Eng, BAY, KBANK, and KTB are expected to be the most outstanding net profit growth banks this year.

"Fee income growth should rise, 17% we estimate, tracking loan expansion and stronger economic activity. We forecast the PPOP growth at 13% this year while the corporate tax rate reduction to 23% adds on bringing the bottom line growth to 27%."

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