Krungthai Card Public Company Limited Overview
Pro stress-test →Krungthai Card operates credit card business, credit card related business, personal loan business, utilities payment services, and payment service providers. The company was registered on December 4, 1996 and listed on the Stock Exchange of Thailand on October 28, 2002. With approximately 3.6 million accounts, KTC is a significant player in Thailand's consumer lending and payment services sector.
Strategic Profile
Pro stress-test →KTC's strategy focuses on building membership base to sustain company's profits in which credit card and personal loan are core businesses. Krungthai Bank PCL held 49.29% stake in KTC as of December 31, 2021, providing strong institutional backing and capital support. The company leverages its parent bank relationships to offer diverse financial products including affinity cards, e-money services, and hire purchase/leasing businesses.
Competitive Landscape
Pro stress-test →KTC competes in Thailand's credit card and retail lending market against major banks (Bangkok Bank, Kasikornbank) and fintech players offering digital lending. The company differentiates through Krungthai Bank's distribution network, diverse product offerings including affinity cards and personal loans, and strong merchant partnerships. Key competitive advantages include established customer base and various credit card types tailored to different segments.
Industry Context
Krungthai Card Public Company Limited operates in Financial Services - Credit Card & Consumer Lending.
Key facts
Founded: 1996 · Headquarters: Bangkok, Thailand · Employees: 277 · Revenue: $587.5M · Market cap: $2.1B