BBL Approves an Interim Dividend Payment of THB1.50; XD Date on Sep 7

Bangkok Bank Public Company Limited (SET: BBL) announced on Tuesday that its Board of Directors has approved an interim dividend payment from the operating result for the six-month period ended June 30, 2022 at the rate of THB1.50 per share.

The Ex-dividend date (XD) is set for 7 September 2022. The payment of the interim dividend will be made on 23 September 2022.

In the second quarter of 2022, BBL reported a net profit of THB6,961 million, a decrease of 2.2% from the previous quarter due to an increase in operating expenses from higher seasonality of expenses. Net interest income
increased from higher loan volume. Non-interest income increased from gains on financial instruments
measured at fair value through profit or loss (FVTPL) in line with the market environment. The Bank set
aside higher expected credit losses by taking into account the slow pace of local economic recovery, global
economic volatility and the impact of the ongoing Covid-19 situation.