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Thai Equity - Bottom-up - Equities, Pi Securities PCL, Thailand

Pi Research

Thai Equity - Bottom-up - Equities

Leading, full-service investment firm in Thailand

Pi Securities PCL, Thailand

Pi Securities is a well known securities company with 40 years experience in the industry, serving more than 60,000 clients. We offer one - stop service providing full range of financial products and services including extensive Brokerage, Proprietary Trading (Equities and Bonds), Advisory Services, Structured Products.

Moreover, our new research team tailored for institutional clients to focus on mid to small cap of Thai equities and trading strategies. Our services offered to our premium clients also include arrangement of company or site visits to with the managements of Thai listed companies.

Note: Effective on 1 March 2022, Country Group Securities PCL changed its name to Pi Securities

Thematic (Sector/Industry)

Thailand Banks / Thematic (Sector/Industry)

<ul>
<li>Given the lesser impacts from the COVID-19 infections and an improvement in economic activity,lending growth in May continued to expand. Going forward, the Thai government announced plans to ease COVID-19</li>
<li>Loans increased 0.2% MoM in May: Ten listed banks reported aggregate net loans to rise 0.2% mom (+5.4% YoY) to Bt12.8tn in May (vs +0.4% mom in April). </li>
<li>Adequate liquidity to support the growth potential: Aggregate deposits also increased by 0.3% MoM to Bt14.7tn in May. Banks with higher deposit growth in May were CIMBT, KBANK, KKP, LHFG</li>
</ul>


Given the lesser impacts from the COVID-19 infections and an improvement in economic activity,lending growth in May continued to expand. Going forward, the Thai government announced plans to ease COVID-19
Loans increased 0.2% MoM in May: Ten listed banks reported aggregate net loans to rise 0.2% mom (+5.4% YoY) to Bt12.8tn in May (vs +0.4% mom in April). 
Adequate liquidity to support the growth potential: Aggregate deposits also increased by 0.3% MoM to Bt14.7tn in May. Banks with higher deposit growth in May were CIMBT, KBANK, KKP, LHFG


BANKING SECTOR : Small Lending Growth in May