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Monday, May 6, 2024

Bangkok Post – Giving credit to Thai Credit’s fundamentals

Mr Winyou said the outstanding character of Thai Credit is its business model is similar to a non-finance business, but it is highly regulated as a commercial bank under the supervision of the Bank of Thailand.

Scheduled to list on the Stock Exchange of Thailand next Friday, Thai Credit Bank Plc (CREDIT) is set to become the first banking initial public offering (IPO) stock in a decade and the 12th bank listed on the bourse.

Founded by the Chaiyawan family, Thai Credit operated with a retail bank licence for more than 17 years under the name Thai Credit Retail Bank.

The bank received a full commercial bank licence from…

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