, Thailand
Photo courtesy of Florian Wehde.

Recovering business activity props up Thai banks’ revenues 

Credit costs will remain elevated in the long-term, however.

Increased business activity and stable, even slightly improving net interest margin will support Thai banks’ revenue, according to Fitch Ratings.

Although credit costs will remain elevated in the near term, Fitch noted that they have likely peaked, which meant that it should be less of a drag on operating profitability.

ALSO READ: Thailand plays catch up with global green finance goals

On the downside, economic recovery is expected to be slow, limiting the prospects for a substantial asset-quality improvement.

On the upside, the six biggest banks’ hold the majority of the market share, with a combined deposit market share of around 84%.

ALSO READ: Tourism woes hurt Thailand banks’ loans

Banks are also expected to be propped up either from extraordinary support from the government or their major shareholders.

Follow the link for more news on

Join Asian Banking & Finance community
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!