Bangkok, 21st July 2026 - Thai Credit Bank (CREDIT) announced the Bank’s operating results for 1H/2026, with cumulative net profit of 2,153.9 million Baht, an increase of over 17.8 percent compared to the same period of the previous year. For 2Q/2026, net profit stood at 989.3 million Baht, increasing by 6.9 percent YoY. The Bank’s earnings per share stood at 1.74 Baht per share for the 1H/2026 and 0.80 Baht per share for 2Q/2026, reflecting the business foundation that remains strong and stable amid the challenging economic environment.
A key factor supporting the performance was the 6.8 percent increase in interest income, resulting from the continued expansion of total loan portfolio, which stood at 194,080.5 million Baht as of the end of 2Q/2026, representing an increase of 13.1 percent from the same period of the previous year. The Bank was able to expand loans across key business segments compared to the previous year, particularly Micro SMEs (MSMEs) loans, which grew by 13.9 percent. The Bank received positive feedback from entrepreneurs after launching the new loan product "SME Kla Chuay" which is designed to address entrepreneurs' liquidity needs in a targeted manner. The Bank also launched the Micro SME Business Center, a comprehensive business consulting and capacity-building center, to further support entrepreneurs in conveniently accessing funding. Home Equity loans expanded by 9.4 percent, while Personal loans grew by 44.9 percent. In addition, non-interest income increased due to accrued income from FIDF’s compensation from "You Fight, We Help" scheme and loan assistance measures for those affected by the southern floods. However, interest expenses increased by 9.7 percent, primarily due to interest expenses on issued debt instruments and loans – including subordinated bonds. This is in line with the Bank's cost management strategy to align with current market conditions, which will enable the Bank to reduce interest expenses in the long term.
Thai Credit Bank continues to move forward with a strategy that places strong emphasis on prudence and strict financial discipline, reflecting the Bank's prudent credit risk management, together with proactive measures in line with government policy to enhance liquidity, improve efficiency, and create opportunities for entrepreneurs. These include the "SMEs Credit Boost" measure, which helps entrepreneurs access formal funding sources more efficiently at interest rates that are fair and appropriate for the current economic conditions. In addition, the Net Interest Margin (NIM) recovered slightly from its lowest point in 1Q/2026, it remained high at 7.1 percent for 1H/2026.
In terms of asset quality, the Bank continued to manage the portfolio effectively. The gross NPLs ratio increased slightly by 4.3 percent, but remained within the Bank's target range. Meanwhile, the NPL coverage ratio remained high at 148.2 percent, rising slightly from the same period of the previous year, to accommodate potential economic uncertainties that may arise in the future. This aligns with the Bank's strategy of conducting business prudently, rigorously, and sustainably over the long-term.
Mr. Roy Agustinus Gunara, Chief Executive Officer of Thai Credit Bank Public Company Limited (CREDIT), stated, "The operating results for 1H/2026 reflect that Thai Credit Bank has not focused solely on expanding business volume, but has placed strong emphasis on quality growth as the Bank continued to support small entrepreneurs and Micro SME (MSME) customers in gaining greater access to formal funding sources, while prudently managing risk to ensure that loan portfolio growth remains aligned with asset quality and long-term business sustainability. In 2026, the Bank remains confident in achieving double-digit loan growth while maintaining the non-performing loan (NPLs) ratio below 4.5 percent. This growth strategy is designed to support sustainable growth for customers through the development and launch of loan products that directly meet customer needs, with a focus on business segments with potential and continued growth. The Bank aims to fill financing gaps and strengthen liquidity for entrepreneurs, highlighting flexibility in assessing repayment capacity and evaluating collateral value alongside borrowers' cash flow. This forms part of helping customers' businesses grow steadily and promoting financial equality in Thai society."
Thai Credit Bank's success in 2Q/2026 was also reflected in the Bank being ranked among the 500 companies with the highest revenue in Southeast Asia for the third consecutive year in the Fortune Southeast Asia 500 list for 2026 by Fortune magazine, alongside the Bank’s demonstrated capability in conducting business with environmental responsibility, as evidenced by receiving the Carbon Footprint for Organization (CFO) certification from the Thailand Greenhouse Gas Management Organization (Public Organization), or TGO, for the second consecutive year.
Mr. Roy added, “This year, many entrepreneurs have faced an economic slowdown, as well as challenges related to energy and supply chains. The Bank is therefore committed to standing alongside entrepreneurs and strengthening their potential by filling financing gaps and enhancing liquidity for business segments with potential. The Bank continues to provide loans for microentrepreneurs to help unlock opportunities and build resilience in the business sector. This will serve as an important foundation for business expansion and stability in the grassroots economy, leading to sustainable economic growth over the long term.”
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