Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Cross Asset Strategy

<ul><li>TX has assessed the possible impacts of the Digital Wallet (DW) scheme, taking into account consumer behavior as reflected in the inflation basket of low-income earners and the market shares of operators.</li><li>The assessment is premised on the notion that the networks of convenience stores may not reap immediate benefits from the initial round of spending facilitated by the DW scheme, which is expected to be confined to eligible individuals and specific shops meeting the established criteria.</li><li>It is anticipated that the implementation of the DW scheme will bolster the 2025E profit forecasts for the 11 SET-listed companies under our study by approximately Bt2.1bn. </li></ul>

TX has assessed the possible impacts of the Digital Wallet (DW) scheme, taking into account consumer behavior as reflected in the inflation basket of low-income earners and the market shares of operators.The assessment is premised on the notion that the networks of convenience stores may not reap immediate benefits from the initial round of spending facilitated by the DW scheme, which is expected to be confined to eligible individuals and specific shops meeting the established criteria.It is anticipated that the implementation of the DW scheme will bolster the 2025E profit forecasts for the 11 SET-listed companies under our study by approximately Bt2.1bn. 

Digital Wallet: Indirect Benefits to Large Operators