Big banks steel for Q3 thumping after SSI hit

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Fletchsmile
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Big banks steel for Q3 thumping after SSI hit Oct 8, 2015 8:37:00 GMT 7

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Post by Fletchsmile on Oct 8, 2015 8:37:00 GMT 7

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Big banks steel for Q3 thumping after SSI hit

Higher loan-loss provisions to cope with an uptick in bad loans are likely to erode banks' third-quarter earnings, with the huge debt default of Sahaviriya Steel Industries Plc (SSI) set to deal the biggest blow to three major lenders, stock analysts say.

contd.
www.bangkokpost.com/lite/topstories/722928/big-banks-steel-for-q3-thumping-after-ssi-hit

Fletchsmile, 13th of the Istari wizards - Wandered Middle Earth for centuries and chose Thailand.
Later discovered BigMango forum Thailand: bigmango.boards.net/ and www.bigmango.club
"Do not meddle in the affairs of wizards, for they are subtle and quick to anger" (LOTR)

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