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>KTX expects the Bank of Thailand (BoT) to lower interest rates only if inflation falls significantly below the target range and the economy contracts more sharply than anticipated.</li><li>Otherwise, the bank is likely to maintain its current policy rate of 2.25%, citing similar justifications as before.</li><li>KTX maintains our recommendation for banking and insurance stocks, including SCB, TTB, KBANK, and BLA, as they are expected to benefit from stable interest rates throughout the year.</li></ul>

KTX expects the Bank of Thailand (BoT) to lower interest rates only if inflation falls significantly below the target range and the economy contracts more sharply than anticipated.Otherwise, the bank is likely to maintain its current policy rate of 2.25%, citing similar justifications as before.KTX maintains our recommendation for banking and insurance stocks, including SCB, TTB, KBANK, and BLA, as they are expected to benefit from stable interest rates throughout the year.

Economic Update: Inflation in December 2024