Bangkok: Krungthai Bank reported a net profit of 48.2 billion baht in 2025, marking a 4.5% increase over the previous year. The bank's total loans expanded by 0.5% as it continued to support customers through the economic downturn by managing asset quality and enhancing SME potential.
According to Thai News Agency, Krungthai Bank's President and CEO, Mr. Payong Srivanich, highlighted the bank's sustainable growth amidst both domestic and international economic challenges. The bank's net profit increase was attributed to efficient operations, prudent loan portfolio management, and a balanced approach to risk and return. Housing and government loans drove the 0.5% loan expansion, while the Wealth Management business boosted fee income by 3.0%. Despite a decrease in net interest income due to low interest rates and proactive debt restructuring, the bank maintained a strong financial position.
Krungthai Bank has effectively managed expenses, reducing its Cost to Income Ratio to 40.3% from 42.6%. It continues to invest in technology and digitalization to support long-term growth. Asset quality remains robust, with the NPL Ratio decreasing to 2.90%, and the bank maintains a high Coverage Ratio of 203.6% to navigate global uncertainties.
Looking ahead, the Thai economy is projected to grow at less than 2% in 2026, influenced by US tariffs, geopolitical issues, and domestic fiscal constraints. Krungthai Bank is preparing for its 60th anniversary in 2026 by driving organizational innovation and focusing on technology and AI to enhance efficiency.
The bank is also accelerating strategies to build competitiveness and sustainable growth, expanding its Virtual Banking business, and collaborating with partners to enhance customer experience. It continues to assist customers through various debt resolution programs and supports SMEs with initiatives like the "SMEs Credit Boost" loan guarantee program, aiming to diversify economic opportunities and drive sustainable growth in Thailand.