Bank profits boosted by BOT’s deferment of IFRS9 Bank profits boosted by BOT’s deferment of IFRS9
MONDAY, NOVEMBER 12, 2018
Banks showed signs of a recovery in earnings in the third quarter, helped by a slower rate of increase in loan-loss provisioning following the Bank of Thailand’s deferred adoption of the International Financial Reporting Standard 9 (IFRS9) to 2020.