Thai Credit Bank has reported a record-high net profit of THB 4,016.3 million for the full year 2025, representing a 10.8% increase compared to the previous year. This bottom-line growth was achieved despite a challenging interest rate environment, with basic earnings per share rising to THB 3.25.
| Year | 2025 | 2024 |
| Net Profit (Loss) Million Baht |
4,016.28 | 3,624.03 |
| Earning Per Share (Baht) |
3.25 | 2.95 |
| % Change | 10.82 | |
The bank’s total operating income edged up by 1.1% to THB 14,773.7 million. However, net interest income (NII) saw a slight contraction of 1.5%, falling to THB 14,506.5 million. This decline was attributed to a reduction in the net interest margin (NIM) from 8.6% in 2024 to 7.7% in 2025, influenced by policy interest rate cuts and the bank’s proactive loan relief measures, such as the “You Fight, We Help” programme. Interest expenses also rose by 7.3% to THB 3,656.6 million, driven by higher deposit volumes in fixed-term and savings accounts.
Strong expansion in the lending business remained a key highlight, with gross loans growing by 11.5% YoY to reach THB 181,865.6 million. Growth was particularly robust in the Micro SME segment, which saw a 13.1% increase, and Personal Loans, which surged by 42.9%.
A critical factor in the bank’s profitability was the 22.3% reduction in expected credit losses (ECL), which dropped to THB 3,303.5 million. This improvement stemmed from prudent lending management and effective debt assistance measures that prevented borrowers from sliding into Stage 2 and Stage 3 categories. Consequently, the gross NPL ratio improved to 4.2% from 4.4% at the end of 2024. The bank maintained a strong NPL coverage ratio of 158.4% to buffer against future uncertainties.
Operating efficiency faced some pressure as other operating expenses rose by 10.5% to THB 6,442.2 million, largely due to increased headcount in debt collection and relationship management to support expansion. Despite these costs, the bank maintains a healthy capital position with a Capital Adequacy Ratio (CAR) of 17.7%, well above regulatory requirements.
