Thai Credit Bank PCL has operated as a commercial bank for more than 18 years, offering a wide range of financial and investment services. Thai Credit Bank continues to focus on providing loans to Micro, Small, and Medium Enterprises (MSME) and Nano and Micro Finance for small businesses. This caters to the grassroots entrepreneurs, the backbone of the country, who often find it challenging to access financial services, including home loan and digital financial transaction channels (Digital Platform).
| 3M25 | 3M24 | 2024 | 2023 |
|---|
| Revenues | 4,651.79 | 4,512.73 | 18,701.42 | 16,604.31 |
| Expenses | 3,520.32 | 3,960.63 | 14,162.94 | 12,145.40 |
| Net Profit (Loss) | 903.04 | 449.58 | 3,624.03 | 3,556.78 |
| Assets | 188,006.75 | 174,225.06 | 183,101.80 | 163,444.33 |
| Liabilities | 164,071.94 | 154,396.24 | 160,069.52 | 145,939.20 |
| Shareholders' Equity | 23,934.81 | 19,828.82 | 23,032.28 | 17,505.13 |
| Operating | 775.32 | 3,807.52 | -2,247.87 | -4,286.36 |
| Investing | -621.38 | -5,573.85 | 799.27 | -357.13 |
| Financing | -33.69 | 1,815.31 | 1,470.36 | 4,652.85 |
| EPS (Baht) | 0.73 | 0.37 | 2.95 | 3.05 |
| GP Margin (%) | ||||
| NP Margin (%) | 19.41 | 9.96 | 19.38 | 21.42 |
| D/E Ratio (x) | 6.85 | 7.79 | 6.95 | 8.34 |
| ROE (%) | 18.63 | 15.78 | 17.88 | 22.31 |
| ROA (%) | 4.75 | 3.82 | 4.59 | 4.58 |
Thai Credit Bank PCL strives to be the number one among small and micro business customers with a unique business model and meet the real demands of Thai people across all regions. In 2025, Thai Credit is still focusing core product growth by emphasizing sustainable growth for retail customers and those who can't access to financial services, the Bank focuses on good, prudent credit quality management, including operational excellence, so that customers receive satisfaction beyond expectations with products and services that deliver true value, emphasizing customer-centricity and designing highly flexible products to align with customers’ business operations in ever-changing situations.
In 2025, Thai Credit target double digit loan growth, NIM change to 8.5-9.0%, CIR stable, and NPLs ratio at 4.5%.
Thai Credit is a commercial bank that adheres to its vision and mission that focuses on conducting business on the basis of sustainable growth by providing the best financial services to support customers grow their business and improve people's quality of life with the Bank's unique microfinance services and elevate the financial status, including contributes to the economy and society, in line with the bank's philosophy, “Everyone Matters”.
In addition, Thai Credit prioritizes raising the quality of life and financial knowledge for communities and society and driving change through various Thai Credit’s initiatives and dedication to regularly conducting business responsibly.
1. Thai Credit under Tang To Know-How entering 9th years. In 1Q/2025, there were 16,639 people attending training.
2. Thai Credit collaborated with the Deposit Protection Agency (DPA) to enhance public financial literacy
3. Thai Credit announced the "Financial Learning Festival" under the campaign "Less Debt, More Wealth, Business Health"
Although Thailand is facing the US policy of raising import tariffs on foreign goods and the earthquake, Thai Credit announced a net profit of THB 903.0 million in 1Q/2025, representing an increase of over 100.8% YoY. This reflects strong confidence in the company’s growth in line with business objectives, under a strategy that emphasizes prudent operations.
The profit growth was supported by continued loan expansion and effective risk management. Total loans amounted to THB 165,889.6 million, representing an increase of 12.4% YoY, and a significant decline in expected credit losses of 42.5% YoY from an improvement in asset quality, reflecting the Bank’s prudent lending management approach, continuous launch debt relief measures and continuous increase in the number of collection team.
Thai Credit’s interest income for 1Q/2025 increased 3.4% YoY to THB 4,500.7 million. The increase is primarily due to in interest income from loan to customers and hire purchase loan, as a result of the growth in all Thai Credit's key loan product segments, particularly micro SME loan, home equity loan, and personal loan
Thai Credit’s interest expenses increased 11.5% YoY to THB 901.4 million, primarily due to the increase in deposit amount, especially fixed deposit and alpha savings programs.
Thai Credit's ECL significantly decrease by 42.5% YoY, caused the expected credit loss to average loan of Thai Credit to decrease significantly to 220 basis points for Q1/2025. The bank maintained its NPL ratio at 4.4% for Q1/2025.
- Thai Credit launched the "Big Boss Loan", which offers a maximum credit line of 500,000 baht without collateral.
- Thai Credit launched new product “SME Kla Su”, adopting a Risk-based Pricing strategy, offering flexible interest rates tailored, offers credit limit maximum of THB 10 million, 5 times of Bank deposit as collateral with an interest rate starting at just 6.95% per year. Including increased credit limit for ‘SME Kla-hai Tem Max from THB 35 million to THB 50 million.
Risk management is key to Thai Credit's stable and sustainable growth. Thai Credit has a risk management plan which focuses on developing and strengthening risk management systems across several areas to ensure that all essential processes are covered, and in line with the BOT's risk oversight guidelines. The risk management plan provides possible mitigation measures to challenges arising from loan quality, especially in a situation caused by an external factor beyond the control of Thai Credit.
Besides, established its organizational structure considering the balance of power and efficient operational processes. It has also adhered to the principles of good corporate governance, implemented a risk reporting system, and put in place suitable risk management tools and processes to manage risks effectively. Also, encouraged all its employees to inform themselves of operational procedures relating to risk management and about their duties and responsibilities, through the publication of a risk management policy, relevant trainings, and supervision in each business unit.
- Thai Credit received the Leading ESG Award in Social Product category at Future Trends Award 2025, reflects our bank's commitment to elevating the quality of life for small business owners and people through financial education.
| as of 31/03/25 | CREDIT | BANK | SET |
|---|---|---|---|
| P/E (X) | 6.58 | 7.75 | 15.78 |
| P/BV (X) | 1.03 | 0.68 | 1.10 |
| Dividend yield (%) | 3.11 | 6.65 | 4.37 |
| 31/03/25 | 30/12/24 | - | |
|---|---|---|---|
| Market Cap (MB) | 23,832.40 | 22,844.53 | N/A |
| Price (B/Share) | 19.30 | 18.50 | N/A |
| P/E (X) | 6.58 | 7.20 | N/A |
| P/BV (X) | 1.03 | 1.04 | N/A |
