AIRA Factoring Public Company LimitedAF
Mentioned
Impact on assets 1
Financials
AIRA Factoring Public Company LimitedAira Factoring Public Company Limited, or AF, has set a target for total loan disbursements in 2026 of approximately 18 to 19 billion baht, while continuing to prioritise asset quality management alongside growth. Chief Executive Officer Akarawit Suksai said the company will focus on lending to roughly four main industry groups: medical and healthcare businesses, businesses related to clean energy, packaging and eco-friendly materials businesses, and food and beverage businesses, with particular emphasis on medical and healthcare, which is supported by an ageing society. In 2027, the company plans to place greater weight on expanding lending in this industry. As for ESG Finance loans, which have been operating for about two years, they are expected to grow by no less than 15% this year compared with last year. Overall loan disbursements this year are expected to expand at a rate similar to last year, or grow by no more than about 5 to 6%. Non-performing loans, or NPLs, are expected to remain at a level close to the roughly 9% seen at the start of the year, and the company estimates that industry NPLs for the full year may be in a range of about 9 to 11%. For its strategy in the fourth quarter of 2026, the company will increase the weight of lending to business groups that benefit from the peak season, especially services, food, and beverages. If the government's economic stimulus measures, such as the "Thai Help Thai" scheme, are extended or additional measures are introduced, this will support purchasing power and liquidity in the system, which in turn will benefit the factoring business.
AIRA Factoring Public Company Limited