Banking: Virtual Banks and the Thai Banking Landscape
The three virtual banks expected to launch in 2026E are likely to remain small, with a market share of just 1.1–1.2% of total loans and deposits in...
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Earnings Forecast Revisions to Reflect the MPC's Latest Rate Cut
Commercial banks responded quickly (within two days) after the latest Monetary Policy Committee (MPC) meeting, in which the policy rate was cut by...
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Strong 2Q25 Earnings, Supported by Investment Gains...But Banks to Keep Their Guard Up
The combined net profit of six banks in 2Q25 totaled Bt45.2bn, up 6.0% YoY but down 3.3% QoQ, supported by non-interest income particularly...
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KTX Ahead - July 7, 2025
TH: Assessing the impact of US reciprocal tariffs Trade negotiations between Thailand and the US remain unresolved. Thailand is preparing to submit...
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Industry Update: Banking - JULY 4, 2025
The six banks under our coverage are expected to report combined net profit of Bt43bn in 2Q25E, remaining flat YoY but down 9.0% QoQ, due to a...
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