Chase Manhattan Corp. plans to maintain its current exposure to Thailand, even though observers see no quick end to the nation's recession.

Though the downturn "clearly had an impact" on performance, Chase's Thai branch earned $76 million before taxes, said Douglas C. Asper, senior country officer for Thailand.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.