Archive · 13 Nov 2025
Kasikornbank focuses on AI and careful lending amid Thailand's economic slowdown
Thailand's second biggest bank, Kasikornbank, is using smart computer programs called AI to help it work faster and better, like deciding who can borrow money.
They are also being extra careful about who they lend money to because Thailand's economy is not growing very fast.
The bank's boss, Kattiya Indaravijaya, said that AI will help a lot with making things more productive in the next couple of years.
She also mentioned that the country needs the government to make some big changes to help the economy grow.
Thailand's economy is having trouble because of trade issues with the U.S. and people not spending as much money.
The bank's careful lending has helped them manage loans that people might not be able to pay back.
They are not actively looking to buy or merge with other technology companies right now, but they are open to it if it makes sense for their customers and owners.
Kasikornbank is focusing on artificial intelligence and prudent lending to cope with economic slowdown and fraud risks.
CEO Kattiya Indaravijaya anticipates AI will significantly improve productivity within two years.
The bank has adopted a more cautious lending approach due to Thailand's sluggish economy, with GDP growth expected below 2% annually for the next few years.
Economic challenges facing Thailand include U.S. tariffs, lower consumption, household debt, and a strong Thai baht impacting exports and tourism.
Kasikornbank's non-performing loan ratio has improved due to lending primarily to established customers.
The bank is not actively pursuing mergers or acquisitions of fintech companies but remains open to strategic opportunities.
- Who
- Kasikornbank CEO Kattiya Indaravijaya
- What
- The bank is leveraging artificial intelligence and implementing prudent lending practices to navigate economic challenges and fraud risks.
- When
- As of Thursday, November 13th, with expectations for AI impact within two years and the bank's policy adjustment since 2022.
- Where
- Thailand
- Why
- To address economic headwinds, including sluggish growth, the impact of U.S. tariffs, reduced consumption, household debt, and a strong Thai baht threatening exports and tourism.
- Bank
- Kasikornbank
- CEO
- Kattiya Indaravijaya
- Key Strategies
- Artificial Intelligence, Prudent Lending
- Expected AI Impact
- Meaningful productivity improvement within two years
- Thai GDP Growth Forecast
- Less than 2% per year (next 2-3 years)
- Non-Performing Loan (NPL) Ratio
- Improved