Consistent with the Bank's 2026 loan growth strategy, loan expansion was supported by continued momentum across both domestic and ASEAN operations. Growth was particularly driven by the corporate banking portfolio, including AI-related supply chains and the electronics sector, and the ASEAN customer segment, which recorded year-to-date growth of 6.0% and 5.1%, respectively.
Highlights of Krungsri's consolidated first-half 2026 performance:
- Net profit: Recorded at 16,912 million baht for 1H/26, increasing 6.8%, or 1,083 million baht from 1H/25, reflecting robust growth in the corporate and ASEAN portfolios, expansion in net fees and service income, and effective management of funding costs and operating expenses.
- Loans: Increased by 0.4% or 8,041 million baht from the end of December 2025. Consistent with the Bank's 2026 loan growth strategy, loan expansion was supported by continued momentum across both domestic and ASEAN operations. Growth was particularly driven by the corporate banking portfolio including AI-related supply chains and the electronics sector, and the ASEAN customer segment, which recorded year-to-date growth of 6.0% and 5.1%, respectively.
- Deposits: Decreased by 2.8% or 49,269 million baht from the end of December 2025, primarily driven by a reduction in higher?cost term deposits—particularly those with tenors of not more than one year—while being partially offset by growth in current and saving deposits. This shift reflects the Bank's continued focus on optimizing our funding structure through proactive balance sheet and liquidity management.
- Net interest margin (NIM): Improved to 4.60% from 4.14% in 1H/25, primarily corresponding to an increase in loan yields, driven by the consolidation of TIDLOR's higher-yielding loan portfolio and the increasing contribution from higher-yielding ASEAN businesses. In addition, the cost of funds declined, reflecting disciplined funding management, strategic deposit repricing, and optimization of the Bank's funding mix.
- Non-interest income: Increased by 15.4%, or 3,667 million baht from 1H/25, primarily driven by an increase in net fees and service income, higher gains on financial instruments measured at fair value through profit or loss (FVTPL), increased bad debt recoveries, partly attributable to the "Clear Debt, Move Forward" program, and higher gains on investments.
- Cost to income ratio: Recorded at 45.5% in 1H/26. Krungsri remains committed to enhancing operational efficiency and maintaining disciplined cost management to support sustainable business growth.
- Non-performing loan (NPL) ratio: Improved to 3.08% from 3.26% at the end of December 2025. Meanwhile, credit cost in 1H/26 was at 236 basis points. The coverage ratio was recorded at 137.9%. Capital adequacy ratio (Bank only): Recorded solidly at 20.20%.
Krungsri President and Chief Executive Officer Mr. Kenichi Yamato, said "Aligned with our 2026 strategic priorities of pursuing selective quality growth, optimizing asset and liability management, maintaining disciplined cost efficiency, and reinforcing prudent risk management, Krungsri Group delivered resilient performance in 1H/26 amid a moderating economic backdrop."
"Domestic business growth was led by the corporate segment, reflecting continued investment activity in high-growth sectors and ongoing expansion opportunities. Meanwhile, ASEAN loans also maintained strong growth momentum, reinforcing the resilience of Krungsri Group's diversified regional franchise and contributing positively to overall business performance."
"For the remainder of the year, Thailand's growth outlook remains subdued despite some near-term policy support. While the implementation of government stimulus measures could provide partial offsets, several downside risks remain. Key concerns include: (i) effects from Middle East-related energy price volatility; (ii) continued uncertainty surrounding U.S. trade policy; (iii) a potential consumption slowdown following the expiry of the Thai Chuay Thai Plus program; (iv) risks associated with El Ni?o conditions, and (v) structural constraints. Against this backdrop, Thailand's GDP growth is forecast to reach 1.9% in 2026, decelerating from 2.4% in 2025."
As of 30 June 2026, Krungsri, Thailand's fifth largest bank in terms of assets, loans and deposits, and one of Thailand's Domestic Systemically Important Banks (D-SIBs), reported 1.94 trillion baht in loans, 1.69 trillion baht in deposits, and 2.59 trillion baht in total assets. Krungsri's capital (Bank only) was strong at 332.60 billion baht, equivalent to 20.20% of risk-weighted assets, with 15.95% in common equity tier 1 capital.