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GSB Announced the Operating Result for the First Quarter of 2008


Mr. Visit Vongruamlarp, the director and acting President and CEO of Government Savings Bank (GSB), and Mr. Woravit Chailimpamontri, First Senior Executive Vice President of Government Savings Bank (GSB), jointly announced the operating result for the first quarter of 2008 (January 1 ??? March 31 2008) in which the bank had a net profit of 3,464 million baht, 52.8% increase compared to the first quarter of 2007 resulting from the increase of loan (7.7%) and investment (9.8%) while the Non Performing Loans (NPLs) decreased because of the successful NPLs management, at Beijing, the People???s Republic of China, May 31 2008.