MTC, or Muangthai Capital Public Company Limited, a leader in auto title loan business, is preparing to offer 4 tranches of Social Bonds to general investors. This marks the first baht-denominated Social Bond offering by a non-financial institution (NBFI) group in Thailand. The subscription period is from October 27-29, 2026. The bonds are rated "A-(tha)" by Fitch Ratings (Thailand). The fixed interest rates are 2.65% per annum for the 2-year 10-month 5-day tranche, 3.00% per annum for the 5-year 26-day tranche, 3.45-3.55% per annum for the 7-year 29-day tranche, and 3.90-4.00% per annum for the 10-year tranche. The minimum subscription is 100,000 baht, available through Bangkok Bank, Kasikornbank (including Kasikorn Securities), CIMB Thai Bank, and Siam Commercial Bank (including Innovest X Securities). The proceeds will be used for lending under the Social Bond Framework, supporting projects that benefit communities. MTC targets loan portfolio growth of 8-10% in 2026. As of June 30, 2026, outstanding loans stood at 188,699 million baht, up 7.95% from the same period last year, with 8,906 branches, aiming to reach 9,000 branches by year-end. In Q2/2026, total revenue was 8,127 million baht and net profit was 1,905 million baht, up 7.70% and 15.66% respectively.
Muangthai Capital Public Company LimitedMTC is issuing 4 tranches of social bonds (up to 4% interest) to fund lending, with strong Q2 profit and 8-10% loan growth target.
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