Thai Credit Bank Public Company Limited
22.90
THB
+1.90
(+9.05%)
ISIN
THB877010R11
Return %
Stock
S&P 500
1Y
36.31
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
THB
•
in mil. unless spec.Working Capital
THB
•
in mil. unless spec.Growth Rates
THB
•
in mil. unless spec.Quarterly Revenue
THB
•
in mil. unless spec.Quarterly Earnings Per Share
THB
•
in mil. unless spec.Quarterly Dividends Per Share
THB
•
in mil. unless spec.Company Description
- CEO
- Roy Agustinus Gunara
- Sector
- Finance
- Industry
- Regional banks
- Address
- Bangkok Thailand
- IPO Date
- Feb 9, 2024
- Website
- thaicreditbank.com
- Similar Companies
- Business
- Thai Credit Bank Public Company Limited provides commercial and retail banking services primarily to micro, small, and medium-sized enterprises (MSMEs) and underserved retail customers across Thailand. The bank offers a comprehensive portfolio of financing solutions, including working capital and expansion loans for MSMEs; collateral-free nano and microfinance loans tailored for micro-entrepreneurs, street vendors, and market merchants; specialized commercial credit lines, including Micro Online loans for digital merchants and Micro OTOP loans; retail secured credit, including residential mortgages and home equity loans under the Home for Cash brand; personal installment loans; and gold-collateralized loans. Its deposit and liquidity management offerings comprise current accounts, high-yield savings accounts, and fixed-term deposit accounts for individual and corporate depositors. Additionally, the bank provides fee-based and intermediary financial services, including bancassurance sales for life, non-life, credit life, and property fire insurance products; distribution and brokerage of third-party mutual funds; domestic funds transfers; debit card issuance; and bill payment solutions. The bank delivers its financial products through a nationwide physical footprint of commercial branches and dedicated microfinance loan centers, as well as digital platforms centered on the alpha by Thai Credit mobile banking application and digital advisory programs such as Tang To Know-how and Build to Grow. In recent corporate developments, the bank was officially upgraded by regulatory authorities from a retail bank to a full-fledged universal commercial bank in September 2023, rebranding from The Thai Credit Retail Bank Public Company Limited to Thai Credit Bank Public Company Limited. Following this status upgrade, the company executed its initial public offering on the Stock Exchange of Thailand in February 2024 under the ticker CREDIT, marking the first dedicated microfinance commercial bank listing in Thailand with anchor participation from international development institutions, including the International Finance Corporation, the Asian Development Bank, and the United Kingdom MOBILIST programme. Founded in 1970, Thai Credit Bank Public Company Limited is headquartered in Bangkok, Thailand.