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5 years ago
BRIEF-Thai Tisco Fin keeps 2012 loan growth target at 15 pct
July 16, 2012 / 5:58 AM / 5 years ago

BRIEF-Thai Tisco Fin keeps 2012 loan growth target at 15 pct

BANGKOK, July 16 (Reuters) - Tisco Financial Group Pcl :

* Confident it will achieve its 2012 loan growth target of 15 percent, it said in a statement

* Sustained economic growth will boost loan growth in the second half of 2012; investment and domestic spending are supportive

* Tisco Financial Group, which owns Tisco Bank, one of Thailand's top three car loan providers, reported a net profit of 1.76 billion baht ($55.60 million) in the first half of 2012, up slightly from 1.69 billion a year earlier ($1 = 31.6550 Thai baht) (Reporting by Manunphattr Dhanananphorn; Writing by Khettiya Jittapong)

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