KASIKORNBANK Economic and Subsidiaries Performance Overview
K
KASIKORNTHAI
Interest Income - net
June 2023 (Consolidated)
Interest Income and Interest Expenses
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Interest Income - net
(Bt bn)
(Bt bn)
151.33
I
133.00
160.00
140.00
130.18
135.41
140.00
119.39
127.59
120.00
102.69
109.02
I
120.00
100.00
87.66
100.00
71.58
80.00
80.00
60.00
60.00
40.00
27.49
18.57
16.02
18.33
40.00
16.08
20.00
0.00
20.00
0.00
2019
2020
2021
2022
1H23
2019
2020
2021
2022
1H23
Interest income
Interest expenses
1H23 net interest income increased 12.25% YoY, due to higher interest rate, despite higher cost of fund from FIDF fee
resumption and higher deposit rate.
Interest Income (Bt bn)
Interest Expenses (Bt bn)
Interest Income - net (Bt bn)
Interest Income - net (% Growth YoY)
2019
130.18
27.49
2020
127.59
18.57
2021 2022
135.41 151.33
16.02 18.33
1H22
1H23
1Q23
2Q23
72.29
8.53
87.66
42.44
45.21
16.08
7.57
8.51
102.69
4.21%
109.02
6.17%
119.39 133.00
9.51% 11.40%
63.76
10.22%
71.58
34.88
36.70
12.25%
9.84%
14.65%
Note: Contributions from MTL's insurance business to KBank include non-interest income (e.g. net-premium earned-net), and interest income (e.g. interest income from investment portfolio);
however, all income sources from MTL will be netted with non-controlling interests.
บริการทุกระดับประทับใจ
K
KASIKORNTHAI
Non-interest Income and Structure
June 2023 (Consolidated)
Non-interest Income to Average Assets
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
73
Non-interest Income Structure
Net Premium Earned and
Underwriting Expenses
(%)
(Bt bn)
(Bt bn)
4
65
57.80
(+2%)
120
80.49
100
60
3
45.87
80
80.65 72.13 72.56 69.36 70.98 66.06 69.28
55
43.96
60
1.79
I
2
50
1.32
1.13
0.96
1.08
45
(-21%)
4%
40.26
33.78 36.33
(-4%)
40
(-8%)
20
5%
23.07
0
40
64%
2019
35
2020*
Net premium earned
2021
0
2019
30
2020* 2021
2022
1H23
72%
(+26% YoY)
80%
25
82%
5%
2022
1H23
Underwriting expenses
Net Premium Earned - net
Non-interest Income by Business**
I
20
(Bt bn)
5% 0.1%
69%
14
(Bt bn)
15
Corporate Business SME Business Retail Business
15%
10
5%
80
3%
8%
5
14%
18%
57.80
-0.4%
13%
9% 0.3%
9%
31%
10
13%
6
60
0
-0.3%
-2%
45.87 43.96
29.4%
40.26
-5
2019
2020* -1%
2021 -4%
-0.3%
2022 -8% 1H23
2
-11%
-0.16
-0.44 -1.62
-3.23
-2.55
40
21.0%
20
49.6%
31.3%
18.5%
50.2%
-2
29.1%
34.3% 23.07
Other operating income
Fee and Service Income - net
17.9%
-6
53.0%
19.6%
46.1%
| 35.2%
41.8%
Net earned premium-net
Dividend Income
23.0%
0
2019
2020* 2021
2022
1H23
Share of profit from investments on equity method
Gain on financial instrument measured at FVTPL
(Gain on Trading and FX transactions-Old)
Gain on investments
2019 2020* 2021 2022
Contributions from MTL's insurance business to KBank
include non-interest income (e.g. net-premium earned-
net), and interest income (e.g. interest income from
investment portfolio); however, all income sources from
MTL will be netted with non-controlling interests.
1H23
Non-interest Income (Bt bn)
Non-interest Income Growth (% YoY)
Non-interest Income Ratio (%)
2019
57.80
2020
45.87
2021
43.96
2022
40.26
1H22
18.36
1H23
23.07
1Q23
11.70
2Q23
11.37
1.51% (20.65%) (4.17%) (8.42%)
36.02
Note: Non-interest Income Ratio = Non-interest Income/Total Operating Income - net
- Net Premium Earned net Net Premium Earned less Underwriting Expense
and others
29.61
26.91 23.24
- The Bank and its subsidiaries have adopted TFRIC 13: Customer Loyalty Programmes since January 1, 2014 onwards
* The Bank and its subsidiaries have adopted new accounting standards (TFRS 9: Financial Instruments) since January 1, 2020 onwards, some financial statements and financial ratios are not comparable with
previous years' financial figures before Y2020, which were based on the prior accounting standards (non-TFRS9).
** Non-interest income excludes capital market business, treasury business
บริการทุกระดับประทับใจ
(20.28%)
22.36
25.64%
32.00%
19.70%
24.37
25.12
23.65
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