Bank profits up 3.97% in H1

Bank profits up 3.97% in H1

Thailand's banking industry reported a modest increase in net profit for the first half of 2025, weighed down by a decline in net interest margin, lower interest rates, and sluggish loan growth.

Banks post strong H1 performances on credit growth and cost cuts

According to its Q2 financial statement, KienlongBank recorded a consolidated pre-tax profit of approximately $22.6 million, marking a 67.2 per cent jump on-year. This is the bank’s highest quarterly profit since Q1, 2021. For the first half of 2025, the bank’s pre-tax profit reached $36.8 million, up 67 per cent on-year and fulfilling nearly 67 per cent of its full-year business target of $55.2 million. KienlongBank’s profit growth was driven b…