- Business
- Thanachart Capital Public Company Limited (TCAP), an investment holding company listed on the Stock Exchange of Thailand, serves as the parent of Thanachart Group and a major shareholder in TMBThanachart Bank Public Company Limited (TTB) and MBK Public Company Limited; it generates primary income from profits on these investments while overseeing subsidiaries in securities brokerage and advisory, non-life insurance including automobile, fire, marine, transportation, and miscellaneous coverage through Thanachart Insurance Public Company Limited, life and health insurance for individuals, groups, institutions, and organizations via T Life Assurance Public Company Limited, asset-based financing with term loans and working capital facilities offered by Thanachart Plus Company Limited, auto hire purchase and financial leasing for passenger and commercial vehicles such as pick-ups, taxis, trucks, and lorries through Ratchthani Leasing Public Company Limited, non-performing asset management by entities including MAX Asset Management Company Limited and NFS Asset Management Company Limited, and insurance brokerage services from TM Broker Company Limited and RTN Insurance Broker Company Limited. Founded in 1959 and headquartered at 444 MBK Tower, 16th-17th Floor, Phayathai Road, Pathumwan, Bangkok 10330, Thailand, the company focuses operations on the Thai financial services market across banking, insurance, leasing, and asset management segments. In recent developments, TCAP completed the sale of its entire stake in Thanachart Securities Public Company Limited to TTB on July 1, 2025, for approximately 3 billion baht, redirecting proceeds to increase stakes in subsidiaries, invest in high-potential financial businesses, and redeem debentures to optimize returns and enhance long-term stability; the company also reported consolidated net profit growth, including a 12% rise to 9M2025 driven by strong performances from subsidiaries like Ratchthani Leasing, Thanachart Insurance, and Thanachart Plus, as well as associates TTB and MBK, alongside a Q2 2025 net profit increase of 21% quarter-on-quarter.