Banks Champion Trusted Economy, Using Digital and Data to Unlock SME Credit

Industry
โดย Money & Banking·TH·Read original
Summary · why it matters

Thai banks are accelerating the concept of a Trusted Economy, leveraging digital infrastructure and data sharing to unlock constraints faced by SMEs in accessing credit. At The Bangkok Business Summit 2026, the CEO of TTB, Dr. Piti Tantakasem, revealed that PromptPay supports up to over 100 million transactions per day, yet about 38% of households still rely on informal loans, and only 40-42% have credit histories in the credit bureau system. He proposed a federated system where data remains with its owners but can be exchanged securely. Meanwhile, Krungsri Ayudhya highlighted its PromptBiz platform, which connects SMEs and banks to provide invoice-based lending. Ascend Bank noted that virtual banks will use AI and alternative data to assess customer risk more precisely. Bangkok Bank views the integration of cross-border QR payments and the surge in FDI flowing into ASEAN—rising from 4% to nearly 20% of the world—as helping Thailand become the region's gateway, with over 500 regional headquarters and the potential to increase to 1,000.

Impact on stocks 3

Financials▲ · 2 stocks
Bank of Ayudhya PCL
BAY
▲ PositiveTechnologyrelevance

Krungsri Ayudhya highlighted its PromptBiz platform connecting SMEs and banks for invoice-based lending.

Digital Finance & Tokenization▲ · 1 stocks
Bangkok Bank PCL
BBL
▲ PositiveTechnologyrelevance

Bangkok Bank views cross-border QR payment integration and rising ASEAN FDI as positioning Thailand as the region's gateway.

Theme Impact 2

Off-coverage companies 1

Ascend BankPrivate▲ Positive
Technologyrelevance

Ascend Bank noted virtual banks will use AI and alternative data to assess customer risk more precisely.

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