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.

Bank of Ayudhya or Krungsri saw its net profit rise 20% quarter-on-quarter (QoQ) to THB7.53b (US$226.95m) in Q1 2025.

Corporate loans rose 4.7%, whilst the small and medium enterprises (SME) and retail segments contracted during the quarter. Overall, loans were “relatively unchanged” compared to end-December 2024, the Thailand-based bank said in a press release posted on its official website.

Deposits rose 0.9% to THB16.75b (US$504.74m) compared to end-December 2024.

Net interest margin (NIM) rose 7 basis points (bp) to 4.1% compared to the prior quarter.

Non-interest income (NII) rose by 5.4% during the period.

Non-performing loan (NPL) ratio is 3.29%.

The Thai economy will face heightened uncertainties and risks in the coming months, stemming from trade tensions from the US reciprocal tariffs, said Krungsri president and CEO Kenichi Yamato.

This could “significantly dampen” exports and GDP growth, Yamato said.

“In addition, the recent earthquake, high household debt, structural impediments in manufacturing production, and the flooding of Chinese products could pose downside risks to the growth outlook for the remainder of the year,” Yamato said.

Krungsri is Thailand’s fifth largest bank in terms of assets, loans and deposits.

(US$1 = THB33.19; as of 22 April 2025, Google)

Follow the link s for more news on

Bank of Ayudha

Krungsri

Also Read

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

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

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit