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

Thematic (Sector/Industry)

Thailand Financials / Thematic (Sector/Industry)

<ul><li>Last week, Fitch Ratings revised its 2025 outlook for the Thai banking sector from “Stable” to “Deteriorating,” reflecting a weakening economy that is expected to affect asset quality and banks’ profitability.</li><li>However, Fitch noted that while the economy is slowing, a severe downturn is unlikely.</li><li>The labor market remains stable, which helps ease pressure on banks’ fundamentals. </li></ul>

Last week, Fitch Ratings revised its 2025 outlook for the Thai banking sector from “Stable” to “Deteriorating,” reflecting a weakening economy that is expected to affect asset quality and banks’ profitability.However, Fitch noted that while the economy is slowing, a severe downturn is unlikely.The labor market remains stable, which helps ease pressure on banks’ fundamentals. 

Flash News: Banking - JUNE 23, 2025