Fitch expects profits of major Thai banks to shrink in 2026 amid economic slowdown

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โดย HoonSmart·Read original
Summary · why it matters

Fitch Ratings expects Thailand's large commercial banks to face pressure on profits and asset quality in 2026 amid slow economic growth and narrowing net interest margins. Asset quality is likely to weaken due to a rise in vulnerable borrowers, especially in SME and certain retail loan segments, pushing the non-performing loan ratio higher. Meanwhile, the profitability of large banks, which improved steadily from 2023 to 2025 with operating profit to risk-weighted assets ratios ranging from 1.8% to 3.0% in 2025, will be hit by reduced business opportunities in line with economic conditions. The report covers Siam Commercial Bank, Bangkok Bank, Bank of Ayudhya, Krung Thai Bank, Kasikornbank, and TMBThanachart Bank.

Impact on stocks 6

Financials▼ · 4 stocks
Bank of Ayudhya PCL
BAY
▼ NegativeCapitalrelevance

Fitch expects profits to shrink in 2026 due to economic slowdown and narrowing NIMs.

Digital Finance & Tokenization▼ · 2 stocks
Bangkok Bank PCL
BBL
▼ NegativeCapitalrelevance

Fitch expects profits to shrink in 2026 due to economic slowdown and narrowing NIMs.

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