Interest rates nudge banks to record varied results

Large local banks posted mixed operating results in 2025, attributed to a decrease in interest income as rates declined, as well as heightened uncertainties.

- SOMRUEDI BANCHONGDUANG

Bangkok Bank (BBL), the country’s largest lender by total assets, and its subsidiaries reported a net profit of 46 billion baht for 2025, up 1.8% year-on-year.

The increase was mainly driven by higher non-interest income, gains on financial instruments measured at fair value through profit or loss, and investment gains.

Meanwhile, net interest income (NII) declined in line with lower interest rates and slower loan growth. At the end of December 2025, total loans for BBL registered 2.61 trillion baht, down 3.2% year-on-year, according to the bank's filing with the Stock Exchange of Thailand (SET).