Bangkok: Thai Credit Bank’s net profit for the third quarter of 2025 reached 1,013.5 million baht, marking a 9.5% increase from the previous quarter.
According to Thai News Agency, this growth was primarily attributed to a 114.0 million baht increase in interest income and an 84.8 million baht gain on the fair value measurement of financial assets. The bank’s net profit for the first nine months of 2025 surged to 2,841.7 million baht, a 16.9% increase year-on-year, underscoring its strong growth trajectory.
The main driver of growth at the end of Q3 2025 was total loan growth of 177,670.2 million baht, a 12.7% increase year-on-year. The bank reported significant growth in its core portfolio, particularly with micro-SME loans growing by 14.6%, home-secured loans by 11.3%, and personal loans experiencing a notable 55.3% increase.
Expected credit losses decreased by 24.1% year-on-year, highlighting the bank’s effective credit risk management. Additionally, debt relief measures such as the “You Fight, We Help” program improved asset quality, leading to a slight decrease in the gross non-performing loan (NPL) ratio to 4.2%. Despite a decrease in net interest margin year-on-year, it remained high at 7.6%.
Mr. Roy Agustinus Gunara, CEO of Thai Credit Bank, emphasized the bank’s strategic focus on prudent loan portfolio expansion and robust risk management. He announced the development of a digital platform to enhance customer experience and drive growth amidst economic challenges. The bank aims to maintain double-digit loan growth and keep its NPL ratio below 4.5%.
In Q3 2025, the bank expanded its branch network by opening three new locations in Nimmanhaemin Road, Chiang Mai Province, Vivaan Tower, and Central Park. These branches are part of the bank’s strategy to meet diverse customer needs and strengthen service capabilities.
Thai Credit Bank is committed to the “Everyone Matters” philosophy, ensuring equal access to financial services and supporting SMEs and micro-SMEs. This approach, coupled with Responsible Banking practices, aims to provide balanced returns and long-term sustainability, according to Mr. Roy.