Industry Update - Banking: Jul 23, 2024
The seven commercial banks we are monitoring reported a combined net profit of Bt53.5bn in 2Q24, up 2.7% YoY but down 11.2% QoQ.
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Economic Update: MPC Voted 6:1 to Maintain Rates at 2.50%
This interest rate level aligns with the overall economic conditions. The Thai economy has shown signs of improvement, particularly in terms of...
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TISCO : The Best Is yet to Come
Maintain BUY for TISCO with a target price of Bt108.00. Despite moderate growth, we like its high dividend payment, resilient balance sheet, and...
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4Q22E Market Outlook: SET Haven
We are optimistic about the potential recoveries of global equity markets late this year, based on the expectation that the Fed will pause its...
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TISCO : A Goose with Golden Eggs
Maintain BUY for TISCO with a new target price of Bt108. We like its high dividend yield, expected at 8.3-9.1% for 2022-24. We expect moderate net...
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