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Bangkok Post
Bangkok Post
Business

UNBELIEVABLE: Ktc expects record profit on tourism election - The Untold Story

KTC
"More cash will flood into the economy ahead of the election," says Krungthai Card chief executive officer Rathian Srimongkol.

Krungthai Card Plc (KTC) expects its profit to reach another record in 2023 on bets that a tourism boom and the upcoming general election campaign will accelerate consumption and an economic recovery.

The country’s biggest credit-card company has seen “stellar growth” in spending of about 2.5 million credit-card customers so far this year, said chief executive officer Rathian Srimongkol. Demand for consumer loans is also rising amid a rebound in economic activities, he said.

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