In the second quarter of 2026, the Thai economy remained broadly unchanged from the previous quarter, supported by strong export growth, particularly in technology sectors that benefited from the global technology investment cycle and investments related to artificial intelligence (AI). This reflected Thailand's increasing integration into global technology supply chains. Nevertheless, the global economy continues to face uncertainties stemming from trade tariff measures and geopolitical tensions, especially in the Middle East, that could affect the economic growth outlook going forward. Tourism showed signs of recovery toward the end of the quarter, but overall tourism activity remained below expectations. In addition, fiscal space was constrained by the elevated level of public debt, limiting the government’s ability to implement additional economic stimulus measures. Although the “Thais Help Thais Plus” program is expected to support household spending and alleviate cost-of-living pressures during the economic recovery, businesses and households face persistent domestic structural constraints, which continue to weigh on Thailand’s growth prospects.

Amid an evolving global environment with multifaceted challenges from geopolitical tensions affecting global trade, shifts in environmental policies responding to intensifying climate change, and the rapid advancement of technology and innovation, Bangkok Bank remains committed as a “trusted partner and reliable close friend”. The Bank provides ongoing tailored advice and support to customers in each segment, offering financial resources and insights that enable businesses to maintain competitiveness and build resilience in a dynamic environment. In addition, the Bank facilitates opportunities for international expansion by leveraging its extensive domestic and international network. The Bank also supports government policies aimed at enabling Thailand’s transition toward a sustainable economy, including the “SMEs Credit Boost” program, to create opportunities for SME to strengthen their competitiveness. At the same time, the Bank places importance on prudent management, together with adhering to responsible lending guidelines and committing to providing financial services that support social and environmental responsibility, while fostering sustainable growth.

Bangkok Bank reports a net profit of Baht 20,492 million for the first half of 2026

Bangkok Bank and its subsidiaries reported a net profit of Baht 20,492 million for the first half of 2026, a decrease of 16.2 percent compared to the same period last year. Net interest income declined by 12.4 percent following the Bank’s interest rate reductions, resulting in a net interest margin of 2.46 percent. Loan growth continued to support operating income and partially offset the lower interest rate environment. Net fees and service income increased, due to positive momentum from bancassurance and mutual fund services, as well as higher securities business fees in line with the improvement in capital market conditions and trading activities. Meanwhile, other operating income declined primarily due to lower gains on investments. Operating expenses decreased by 6.5 percent, reflecting appropriate cost management alongside ongoing efforts to improve operational efficiency enhancement. As a result, the cost to income ratio stood at 47.1 percent. Expected credit losses amounted to Baht 17,435 million, representing a decrease compared to the same period last year, supported by the Bank’s consistently prudent management approach.

Bangkok Bank continues to operate with its prudent management approach and retains financial, liquidity and capital positions at healthy and appropriate levels

 
At the end of June 2026, the Bank’s loans amounted to Baht 2,678,467 million, an increase of 2.7 percent from the end of last year, mainly driven by loans to large corporate customers and loans made through the Bank’s international network. The non-performing loan to total loans ratio was at a manageable level of 3.3 percent. Under the Bank’s continuous prudent management approach, the ratio of the allowance for expected credit losses to non-performing loan remained strong at 306.3 percent.

As of June 30, 2026, the Bank’s deposits amounted to Baht 3,212,308 million, increased by 0.5 percent from the end of last year, with the loan to deposit ratio of 83.4 percent. The total capital adequacy ratio, Tier 1 capital adequacy ratio, and Common Equity Tier 1 capital adequacy ratio of the Bank and its subsidiaries stood at 21.4 percent, 16.9 percent and 16.9 percent respectively, comfortably above the Bank of Thailand’s minimum capital requirements.