Thai Credit's first-half 69 profit surged 17.8%, with its Micro SME loan portfolio nearing 2 billion baht.

Thai Credit reported a net profit of 2,153.9 million baht for the first half of 2569, a 17.8% increase. Total loan portfolio neared 2 billion baht. The company is confident of achieving its double-digit growth target for the full year and maintaining effective non-performing loan (NPL) control.

July 21, 2026 – Thai Credit Bank (CREDIT) announced its operating results for the first half of 2026, reporting a net profit of 2,153.9 million baht, an increase of over 17.8 percent compared to the same period last year. Meanwhile, the net profit for the second quarter of 2026 was 989.3 million baht, an increase of over 6.9 percent from the same period last year.

The bank's earnings per share were 1.74 baht per share for the first half of the year and 0.80 baht per share for the second quarter of 2026, reflecting strong and stable business fundamentals amidst challenging economic conditions.

A key factor supporting the performance was a 6.8 percent increase in interest income, driven by the continued expansion of total loans, which stood at 194,080.5 million baht at the end of the second quarter of 2026, a 13.1 percent increase from the same period of the previous year. The bank was able to expand loans in its core business segments compared to the previous year.

In particular, Micro, Small, and Medium Enterprise (MSME) business loans grew by 13.9 percent, in line with the positive response from entrepreneurs following the launch of the new loan product, "SME Dare to Help Loan," which is designed to provide targeted liquidity support to entrepreneurs.

This includes the launch of the Micro SME Business Center, a comprehensive business consulting and capacity-building center, supporting entrepreneurs in accessing funding more easily. Meanwhile, home-backed loans expanded by 9.4 percent, and personal and other loans grew by 44.9 percent. Additionally, accrued income from FIDF compensation from the "You Fight, We Help" scheme and assistance measures for debtors affected by the southern floods increased compared to the previous year.

However, interest expenses increased by 9.7 percent, primarily due to interest expenses on issued debt instruments and borrowings – including subordinated bonds. This is in line with the bank's cost management strategy to align with current market conditions, which will enable the bank to reduce interest expenses in the long term.

Thai Credit Bank continues to pursue a strategy emphasizing prudence and strict financial discipline, through rigorous and cautious credit risk management, coupled with proactive measures in line with government policies to enhance liquidity, improve efficiency, and create opportunities for entrepreneurs. Examples include the “SMEs Credit Boost” program, which helps entrepreneurs access formal funding sources effectively at fair interest rates relevant to the current economic climate.

Furthermore, the net interest margin (NIM) increased from its low point in the first quarter of 2026 to a high of 7.1 percent for the first half of 2026.

In terms of asset quality, the bank continues to manage it effectively. The gross non-performing loan (NPL) ratio increased slightly to 4.3 percent, but remains within the bank's target range. At the same time, the NPL coverage ratio remains high at 148.2 percent, a slight increase from the same period last year, to prepare for potential future economic uncertainties. This aligns with the bank's strategy of conducting business prudently, efficiently, and sustainably in the long term.

Mr. Roy Agustinus Gunara, Chief Executive Officer, Thai Credit Bank Public Company Limited (CREDIT) It was revealed that, "The performance in the first half of the year reflects that Thai Credit Bank is not only focused on quantitative business expansion, but also on supporting small and medium-sized enterprises (MSMEs) to access more formal sources of funding, coupled with prudent risk management to ensure that loan portfolio growth remains aligned with asset quality and long-term business sustainability."

Looking ahead to 2569, the bank remains confident in its double-digit loan growth target, while keeping the non-performing loan (NPL) ratio below 4.5%. This will be achieved through a strategy focused on sustainable growth for all customer segments, by developing and launching new loan products that precisely meet customer needs. The focus will be on high-potential and continuously growing businesses, filling financial gaps and enhancing liquidity for entrepreneurs. A key strength is the flexibility in assessing repayment ability, through valuation of collateral combined with the borrower's cash flow. This aims to support the stable growth of customer businesses and promote financial equality in Thai society.

Thai Credit Bank's success in the second quarter of 2026 is further reflected in its ranking as one of the top 500 companies by revenue in Southeast Asia for the third consecutive year in Fortune Southeast Asia's 2026 report. This is coupled with a demonstration of its commitment to environmentally conscious business operations, as evidenced by receiving the Carbon Footprint for Organization (CFO) certification from the Thailand Greenhouse Gas Management Organization (Public Organization) or GGM for the second consecutive year.

Mr. Roy added that: "This year, many entrepreneurs continue to face economic slowdown, as well as energy and supply chain challenges. Therefore, the bank remains committed to being a reliable partner, supporting the potential of entrepreneurs by filling financial gaps and enhancing liquidity for promising businesses. This includes providing ongoing loan services for small and medium-sized enterprises (SMEs), a core service the bank has consistently promoted. These services help unlock limitations and build resilience in the business sector, forming a crucial foundation for business expansion and creating stability in the grassroots economy, ultimately leading to sustainable long-term economic growth."