MTC targets 8% growth in loan portfolio and revenue in 2026, customer base to reach 4 million

HoonVision··TH·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Muangthai Capital Public Company Limited, or MTC, has set a growth target of approximately 8% for its loan portfolio and revenue in 2026, while aiming to expand its customer base from the current 3.7 million to 4 million. Executive Chairman Parithat Patcharachai disclosed that recent flooding affected about 50 of the company's roughly 9,000 branches, mostly in Bangkok and nearby provinces such as Pathum Thani, but the situation was short-lived, lasting only 3 to 4 days, and therefore did not significantly impact third-quarter 2026 earnings. The company has prepared case-by-case assistance measures for affected customers. On asset quality, as of the second quarter of 2026, the company's non-performing loans stood at 2.6%, while its total loan portfolio was approximately 190 billion baht, and its branch network increased to about 9,000 branches from 8,906 in the second quarter of 2026. Regarding loan demand trends, Parithat said it has slowed slightly due to geopolitical conflicts in the Middle East, but is expected to recover well in 2027, with the loan rejection rate trending downward. Meanwhile, the agricultural sector is being supported by higher rice prices, which have risen to around 8,000 baht per cart, helping to improve the debt-servicing capacity of farmers, who are the company's main customer group.

Impact on assets 1

Financials▲