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TMB aims to refinance 6 billion baht in NPLs before the end of the year.
(From fnWeb.com)
fnWEB - Bangkok - October 27, 2003 - Thai Military Bank (TMB) is confident of reaching its goal of refinancing ten billion baht worth of non-performing loans (NPLs) in the second half of the year.
TMB refinanced 4.13 billion baht worth of NPLs in the third quarter. To meet its refinancing target for this year, TMB will need to refinance another six billion baht worth of NPLs in the final quarter. This will bring TMB's total NPLs down from 42 billion baht in July …
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News wire article from: Asia Africa Intelligence Wire
October 27, 2003
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