| 15.02.2013 - Thai Islamic Bank asserts financial strength despite soaring NPLs |
| A senior Islamic Bank of Thailand (IBank) executive has affirmed that the bank’s financial status and liquidity are strong as ever despite its rocketing non-performing loans (NPLs) at Bt39 billion, 20 per cent of its total lending. Thanin Angsuwarangsi, IBank manager, said Bt24.3 billion debts are being negotiated by the bank and debtors while the bank's liquidity is normal...............................................Full Article: Source |