Shares of Bangkok Bank, or BBL, fell 6.50% to close at 187 baht on July 22, 2026, after it reported second-quarter 2026 net profit of 9.498 billion baht, down 19.8% from the same period last year, and its non-performing loan ratio, or NPL, rose to 3.3% from 3.1% in the previous quarter. The stock saw the highest net selling through NVDR accounts in the market, worth 2.45773 billion baht, amid total trading value of over 11.84431 billion baht. The profit decline was partly due to net interest income shrinking 12.4% to 27.769 billion baht, pressured by policy rate cuts that squeezed net interest margins. Meanwhile, the rise in NPLs is being watched in connection with debt of Italian-Thai Development, or ITD, a major borrower of BBL with outstanding debt of 8 billion baht, after ITD had a government construction contract terminated and was blacklisted, which could lead to some of that debt being classified as NPLs.
Bangkok Bank PCLSecond-quarter net profit dropped 19.8% and NPL ratio rose to 3.3%.
Italian-Thai Development Public Company LimitedGovernment contract terminated and blacklisted, potentially leading to debt classification as NPLs.