Thai Credit Bank Public Company Limited (SET: CREDIT) reaffirms its position as a growth company with an aim to continue accelerating loan portfolio expansion by developing products and building a robust financial ecosystem to support Micro-SME (MSME).
At the press conference on August 28, 2026, Chief Executive Officer Mr. Roy Agustinus Gunara said that he is confident that the bank could deliver a 20% Return on Equity (ROE), which is the top-end of Thai Credit’s 2026 target, following an official figure of 16.1% in the first half.
In terms of lending performance, the bank recorded its highest loan growth during the first half of 2026. It is confident that it will meet its total loan portfolio target of 200,000 million baht by the end of the year, supported by sustained double-digit loan growth.
Additionally, the Net Interest Margin (NIM) is projected to return to a range of 7.5–8.0% in the second half of 2026. This rebound will be driven by active cost-of-fund management and a strategic plan to align with the current economic situation. Meanwhile, the bank’s Return on Assets (ROA) currently stands at approximately 2%, with further upside potential if operational costs are reduced.
Thai Credit Bank continues to demonstrate strong credit quality, maintaining its Non-Performing Loans (NPL) ratio at 4.3%. This is significantly lower than the Thai SME industry average, which currently hovers around 9%. This is due to its loan management that only allows the right amount of loan to meet borrower’s repayment ability and also the latter’s own discipline.
Furthermore, the bank’s credit cost remains low, representing about half of the industry average.
Addressing the rise of digital competition, Mr. Roy highlighted the bank’s proprietary “Hybrid Model” as a key competitive advantage. This model combines over 10 years of historical data analysis with on-the-ground staff visits to evaluate the creditworthiness of borrowers in the micro-segment—a group that often lacks a substantial digital footprint.
The bank remains unconcerned about short-term competition from incoming Virtual Banks, pointing to its physical infrastructure of approximately 500 branches that enables direct customer access, coupled with its long-standing experience and physical interaction with borrowers for better understanding.
Thai Credit also introduced new products to optimize yields and risk management, including “SME Kla Chuai” (For entrepreneurs with land or land with building), “SME Kla Soo” (Utilizing Risk-Based Pricing models), and “Micro Max” (Expanding credit limits for wholesalers and retailers nationwide), alongside with the continuing strong growth momentum in personal loans.
Thai Credit Bank is positioning itself as a “Growth Company,” maintaining a dividend payout policy of 30% so far in 2026 to conserve capital for high-potential, high-return lending expansions. The bank will continue to focus on its core lending operations, choosing not to rely on volatile investment or fee-based income.
In the long term, the bank aims to evolve into a “Low Cost Business Provider,” utilizing technology to optimize efficiency and lower costs to generate sustainable returns for both customers and shareholders.
