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Some banks have reported growth in profits, while others have experienced declines, often coupled with increased provisioning for potential bad and doubtful debts.
Krungsri (Bank of Ayudhya PCL and its business units) posts 7,543 million baht in net profit for the first quarter of 2024, decreasing by 13.1% over-year, largely driven by an increase in provisions as a safeguard in light of future uncertainty that