Provisons sink Thai TMB Bank into deeper loss

Reuters
17th Jan 2008

"TMB shares were down 0.79 percent at 1.26 baht at 0345 GMT, when the main index .SETI was down 0.74 percent and the banking subindex .SETB was 0.86 percent lower.

The bank, also 6.8 percent owned by Singapore's DBS (DBSM.SI: Quote, Profile, Research), posted a net loss of 23 billion baht ($694 million) in the fourth quarter, up from a 16.9 billion baht loss a year earlier."

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