0324 GMT - Thai banks are likely to see their earnings somewhat cushioned by lower credit costs despite potentially weak top line growth, DBS Group Research analysts say in a note. The banks are expected to see soft top line growth in the year ahead, due to slower loan growth and contraction in net interest margins. However, disciplined operating cost control and manageable asset quality are seen to contain credit costs. DBS maintains a neutral rating on Thailand's banking sector, and names Krung Thai Bank, Kiatnakin Phatra Bank and Kasikornbank as its top picks.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
May 24, 2026 23:24 ET (03:24 GMT)
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