Kasikornbank said the ongoing war in the Middle East would weigh more heavily on the bank's asset quality in the second half of 2026, and it pledged to provide proactive support and relief measures for customers affected by the conflict.
KASIKORNBANK RESPONSE AND RELIEF MEASURES
The lender said the prolonged conflict had already weakened the repayment capacity of some customers, and chief executive Kattiya Indaravijaya said the effects of the crisis were likely to intensify in the coming months.
The bank said businesses connected with Middle Eastern markets accounted for about 10% of its total loan portfolio. Kasikornbank said it would provide proactive financial assistance to preserve customers' repayment capacity and advise affected clients on diversifying their markets.
OUTLOOK
Ms Kattiya said addressing the challenges requires collaboration among all relevant parties, particularly the government sector.
The bank kept its 2026 total loan growth target at 0% to 2%.
Sources: Bangkok Post, Thai Examiner
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