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Top 4 Thai banks' Q1 profit falls on asset write-downs

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Top 4 Thai banks' Q1 profit falls on asset write-downs

Combinednet profit at the four-largest banks in Thailand fell in the quarter endedMarch 31 from a year earlier, as asset write-downs erased gains in operatingincome.

At allfour lenders — Bangkok BankPCL, Siam CommercialBank PCL, Krung ThaiBank PCL and KASIKORNBANK PCL — nonperforming loans jumped at the endof March from a year earlier.

Click here to access the 2014 Thailand Banking Report.

Click here to view country level information for Thailand.

Click here for more stories on Asia-Pacific banks and here to set real-time alerts for such data-driven articles. In Step 2, select Banking under "Data Dispatch Asia-Pacific" section.