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 Banks / Thematic (Sector/Industry)

<ul><li>We are overweight the non-bank sector, underpinned by projected earnings growth at a 15% CAGR in 2023-2025E.</li><li>KTX views that the non-bank sector is transitioning into a phase of quality growth.</li><li>We have chosen SAWAD as our top pick thanks to its more outstanding earnings prospects in 2023-2025E compared to peers.</li></ul>

We are overweight the non-bank sector, underpinned by projected earnings growth at a 15% CAGR in 2023-2025E.KTX views that the non-bank sector is transitioning into a phase of quality growth.We have chosen SAWAD as our top pick thanks to its more outstanding earnings prospects in 2023-2025E compared to peers.

Transitioning to High-Quality Growth