Thailand

Thai banks’ net profits rose 5% in Q1

Thai banks’ net profits rose 5% in Q1

For 2025, the banks are expected to report lower NIMs and a 1% loan contraction.
5 days ago

Bangkok Bank, The Mall Group launch campaign to expand co-branded card customer base

They also plan to develop new products aimed for foreign tourists, especially those from China.
6 days ago

Thailand’s credit and charge card payments to rise 7.1% to $65.6b in 2025

Benefits such as rewards points, discounts, and cashbacks helped push for its growth.

TMBThanachart Bank may see loans contract by 1.7% in 2025

Its Q1 net profit dropped 5% compared to the same quarter in 2024.

Krung Thai Bank reports flat net profit growth in Q1

Net interest income and non-interest income were higher than a year ago.

Bank of Ayudhya’s net profit up 20% to $226.9m in Q1

Corporate loans grew by 4.7% during the quarter although SME and retail loans contracted.

Bangkok Bank’s net profit up 19.9% to $380.29m in Q1

Total loans and deposits logged single digit increases during the quarter.

SCB X reports 10.8% higher net profit of $375.66m for Q1

Net interest income fell but fees and other income rose.

Thailand’s finance sector expected to log 5% net profit rise in Q1

However, most finance companies will likely miss loan targets

Krungthai Bank links Thaoil’s FX hedging transactions to ESG

Thaioil can get discounts if it successfully meets its ESG goals.

Thai banks not “materially” affected by Myanmar earthquake

It only brought limited property damage and business disruption to Thailand, Moody’s said.

Krungthai Bank strengthens business position with higher profitability

KTB has notably closed its profitability gap with peers, according to S&P.

SCB X eye more profits from Gen 2 firms as Thai corporates cut bank loans

Its banking services loan portfolio contracted in 2024, whilst those from Gen 2 expanded.

Bangkok Bank, Shell unveil prepaid card for Thai SMEs

They can use the preloaded card to pay for fuel at over 720 Shell service stations