KBank reduces exposure to small businesses
Kasikornbank (KBank) chief executive Kattiya Indaravijaya said Stage 2 loans were growing sharply across the industry. Borrowers already in arrears, but not yet more than 90 days overdue, were among those requiring close attention.
KBank’s exposure was less pronounced than the industry’s because it had tightened lending in 2022–2023, although monitoring remained essential. More factory closures and business shutdowns were becoming visible, including among some of the bank’s customers.
Kattiya said loan quality remained manageable, but that position reflected lessons from substantial losses in 2022–2023, when the bank had needed to make heavy provisions.
“The wounds are still…