BBL reports a net profit of Baht 24,458 million for the first half of 2025
In the second quarter of 2025, the Thai economy improved, supported by front-loading orders from trading partners, particularly in electronics, machinery and equipment, and automotive products. These orders were placed ahead of the implementation of U.S. reciprocal tariffs in the second half of the year, reflecting efforts by the business sector to mitigate the anticipated increase in tariff-related costs.
However, this momentum remains temporary and does not indicate a sustained recovery in global demand. Meanwhile, the service sector continued to face headwinds due to a decline in Chinese tourist arrivals. Although inbound tourism from other markets such as Russia, India, and ASEAN countries have increased and helped cushion overall tourism revenue to some extent, it has not been sufficient to drive a broad-based recovery in the service sector. In terms of price stability, inflationary pressure remained subdued. While this reflects limited cost-push pressures, it also indicates that domestic demand has not yet fully recovered. Household consumption continues to be constrained by high debt levels, compounded by persistent uncertainty surrounding the domestic economic outlook, which continues to weigh on consumer confidence and private sector spending.
Amidst the growing challenges in the business landscape — including the impact of trade policies from major economies, changes in environmental policies and regulations driven by intensifying climate change, and the rapid advancement of technology and innovation that require businesses to adapt to the digital era.
Bangkok Bank remains committed to standing alongside its customers as a “trusted partner and reliable close friend”, providing tailored advice and support to each customer group, both the financial resources and knowledge needed to navigate changes effectively. Furthermore, the Bank supports business customers tapping into opportunities to expand internationally through its regionalization strategy.
The Bank also aligns with government policies aimed at enabling Thailand’s transition to a sustainable economy, including “You Fight, We Help” measure to alleviate debt burdens and foster long-term financial recovery. 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 24,458 million for the first half of 2025
Bangkok Bank and its subsidiaries reported a net profit of Baht 24,458 million for the first half of 2025, representing an increase of 9.5 percent compared to the same period last year. This reflects the Bank’s ability to effectively manage assets amid various economic challenges. Net interest income amounted to Baht 63,614 million, with a net interest margin of 2.85 percent, in line with interest rate trends. Non-interest income increased due to gains on financial instruments measured at Fair Value Through Profit or Loss (FVTPL), and gains from investments. Meanwhile, net fees and service income declined mainly from transaction service fees, offsetting higher fee from global market services. The Bank has continuously improved its operational efficiency, while placing emphasis on cost management.
As a result, the cost-to-income ratio stood at 45.3 percent. The Bank’s expected credit losses amounted to Baht 19,807 million for in the first half of 2025, at a similar level to the same period last year.
Bangkok Bank continues to operate with its prudent management approach and retains financial, liquidity and capital positions at healthy and appropriate levels to deliver strong and sustainable growth
At the end of June 2025, the Bank’s total loans amounted to Baht 2,712,930 million, an increase of 0.7 percent from the end of last year, mainly driven by loans to large corporate customers. The non-performing loan to total loans ratio remained manageable at 3.2 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 283.6 percent.
As of June 30, 2025, the Bank’s deposits amounted to Baht 3,195,939 million, increased by 0.8 percent from the end of last year, with the loan to deposit ratio of 84.9 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 22.0 percent, 17.5 percent and 16.7 percent respectively, comfortably above the Bank of Thailand’s minimum capital requirements.
