Press Release
April 20, 2009

               Bangkok Bank reports net profit of Baht 4.8 billion for Q1 2009

-    Deposits grew by Baht 27.4 billion or 2.1%
-    Fees and service income rose 9.0%
-    Capital adequacy ratio remains strong at 15.1%

Bangkok Bank reported its performance results for the first three months of
2009, with profit before tax amounting to Baht 7.0 billion, an increase of 0.1
percent compared to the fourth quarter of 2008. Net profit for the quarter
amounted to Baht 4.8 billion, a decrease of 8.3 percent from the previous
quarter.

Despite the challenging economic environment, the bank was able to achieve its
goals in four main areas: liquidity, fees and service income, loans quality,
and capital position. The bank has been able to maintain liquidity at a high
level, with the deposit base, as of the end of March, expanding by 2.1 percent
from the end of 2008. This has resulted in a satisfactory loan-to-deposit
ratio of 84.4 percent. Fees and service income rose by 9.0 percent from the
previous quarter and the bank was able to contain non-performing loans (NPLs)
relatively well. The bank's capital adequacy ratio, with the inclusion of net
profit and deduction of dividends, remained strong at 15.1 percent at the end
of the quarter.

Highlights of the performance results for the first quarter of 2009 are as
follows. Total deposits, as of March 31, 2009, amounted to Baht 1,338.8
billion, an increase of Baht 27.4 billion or 2.1 percent over the three month
period. This was due to well-timed and continuous deposit-drive campaigns.
Meanwhile, interest in financial products such as bills of exchange,
bancassurance and corporate debentures rose as customers sought higher returns
from alternative products.

Due to its capability in meeting customers' needs through an extensive branch
network, variety of products and services, and capable sales force, Bangkok
Bank has been able to reach target customers effectively, resulting in steady
growth of fees and service income. The bank's fees and service income for the
quarter rose by 9.0 percent, the main drivers of which included electronic
transactions, bancassurance, and mutual funds.

In addition, non-interest expenses rose marginally by 0.1 percent from the
previous quarter to Baht 9.5 billion, reflecting a reasonable level of cost
containment. The cost-to- income ratio rose to 51.6 percent from 50.5 percent
in the fourth quarter of 2008.

Bangkok Bank President Chartsiri Sophonpanich said, "As the economic slowdown
has begun to affect customers, Bangkok Bank has adopted a policy for our
people to work more closely with customers. This close-relationship working
approach allows us to gain a deeper understanding of our customers' businesses
and of the impact the economic downturn might have on them. This approach has
provided the bank with greater opportunities to strengthen its relationship
with the target customers, to support them as appropriate, and to maintain
loan quality to a certain extent".

As of March 31, 2009, NPLs had risen slightly to 4.8 percent of total loans
from 4.6 percent as of December 31, 2008.

In the first quarter, the bank set aside provisioning expenses amounted of
Baht 1.96 billion. The total loan loss reserves at the end of March 2009
amounted to Baht 60.9 billion and the loan loss reserve coverage of NPLs was
102.7 percent.

Shareholders' equity, as of March 31, 2009, was Baht 176.7 billion. With the
inclusion of the net profit for the second half of 2008 and the first quarter
of 2009 and deduction of dividends to be paid in May 2009, the total capital
adequacy ratio and Tier 1 capital ratio would be approximately 15.1 percent
and 12.3 percent, respectively. This strong capital position will provide the
bank with continued strength to operate through this period of economic
volatility.