Banks in Thailand
Summary
Banks in Thailand industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers.
- The Thai banks industry group recorded assets of $756.5 billion in 2023, representing a compound annual growth rate (CAGR) of 5.2% between 2018 and 2023.
- The bank credit segment accounted for the industry group's largest proportion in 2023, with total assets of $478.3 billion, equivalent to 63.2% of the industry group's overall value.
- In 2023, the revenue of the Thai banks industry group witnessed an annual growth of 1.4%. The growth is attributed to the reduction in inflationary pressure which supported the net interest margin (the difference between the interest earned on loans and the interest paid on deposits), hence banks profitability.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Thailand
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Thailand
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Thailand banks market with five year forecasts
- What was the size of the Thailand banks market by value in 2023?
- What will be the size of the Thailand banks market in 2028?
- What factors are affecting the strength of competition in the Thailand banks market?
- How has the market performed over the last five years?
- What are the main segments that make up Thailand's banks market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market share
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What are the strategies of the leading players?
- 7.4. What have been the recent M&A activities?
- 8 Company Profiles
- 8.1. Bangkok Bank Public Co Ltd
- 8.2. Kasikorn Bank Public Co Ltd
- 8.3. Krung Thai Bank PCL
- 8.4. SCB X PCL
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Thailand banks industry value: $ billion, 2018-23
- Table 2: Thailand banks industry category segmentation: % share, by value, 2018-2023
- Table 3: Thailand banks industry category segmentation: $ billion, 2018-2023
- Table 4: Thailand banks industry geography segmentation: $ billion, 2023
- Table 5: Thailand banks industry value forecast: $ billion, 2023-28
- Table 6: Thailand banks industry share: % share, by value, 2023
- Table 7: Bangkok Bank Public Co Ltd: key facts
- Table 8: Bangkok Bank Public Co Ltd: Annual Financial Ratios
- Table 9: Bangkok Bank Public Co Ltd: Key Employees
- Table 10: Bangkok Bank Public Co Ltd: Key Employees Continued
- Table 11: Bangkok Bank Public Co Ltd: Key Employees Continued
- Table 12: Kasikorn Bank Public Co Ltd: key facts
- Table 13: Kasikorn Bank Public Co Ltd: Annual Financial Ratios
- Table 14: Kasikorn Bank Public Co Ltd: Key Employees
- Table 15: Kasikorn Bank Public Co Ltd: Key Employees Continued
- Table 16: Kasikorn Bank Public Co Ltd: Key Employees Continued
- Table 17: Kasikorn Bank Public Co Ltd: Key Employees Continued
- Table 18: Krung Thai Bank PCL: key facts
- Table 19: Krung Thai Bank PCL: Annual Financial Ratios
- Table 20: Krung Thai Bank PCL: Key Employees
- Table 21: Krung Thai Bank PCL: Key Employees Continued
- Table 22: SCB X PCL: key facts
- Table 23: SCB X PCL: Key Employees
- Table 24: Thailand size of population (million), 2019-23
- Table 25: Thailand gdp (constant 2005 prices, $ billion), 2019-23
- Table 26: Thailand gdp (current prices, $ billion), 2019-23
- Table 27: Thailand inflation, 2019-23
- Table 28: Thailand consumer price index (absolute), 2019-23
- Table 29: Thailand exchange rate, 2019-23
- List of Figures
- Figure 1: Thailand banks industry value: $ billion, 2018-23
- Figure 2: Thailand banks industry category segmentation: $ billion, 2018-2023
- Figure 3: Thailand banks industry geography segmentation: % share, by value, 2023
- Figure 4: Thailand banks industry value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the banks industry in Thailand, 2023
- Figure 6: Drivers of buyer power in the banks industry in Thailand, 2023
- Figure 7: Drivers of supplier power in the banks industry in Thailand, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Thailand, 2023
- Figure 9: Factors influencing the threat of substitutes in the banks industry in Thailand, 2023
- Figure 10: Drivers of degree of rivalry in the banks industry in Thailand, 2023
- Figure 11: Thailand banks industry share: % share, by value, 2023
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