Equity Analysis /

Krungthai Card PCL: Revenge spending (credit cards)

  • Ongoing strong credit card spending and personal loan expansion

  • New product—title loans (scope for fast growth with KTB’s help)

  • Strong earnings outlook, despite heavier marketing expenses

Poramet Tongbua
Poramet Tongbua

Equity Research Analyst

Bualuang Securities
1 September 2022


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