KASIKORNBANK Economic and Subsidiaries Performance Overview
K
KASIKORNTHAI
Expected Credit Loss and Credit Cost
June 2023 (Consolidated)
Impairment Loss of
Loans and Debt
(Bt bn)
Securities
Expected Credit Loss
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Credit Cost
60
51.92
50
43.55
40.33
40
34.01
30
20
10
0
2019
2020
2021
2022
(bps)
350
300
205
211
I 206
250
25.48
174
173
200
150
100
50
0
T
1H23
2019
2020
2021
2022
1H23
Since 1Q23, the level of management overlay temporarily dropped from a one-time deterioration in a large corporate
loan, but stayed within our comfort range of 15-20%. Management overlay will be built up going forward, depending on
the economic situation.
■ 2023 credit cost will remain high, and may slightly exceed the target range, but rising to no more than 210 bps, due to
ongoing, proactive asset quality cleanup efforts, and a one-time deterioration in a large corporate loan.
2019
2020
2021
2022
1H22
Expected Credit Loss (Bt bn)
34.01
43.55
40.33
51.92
19.19
1H23
25.48
1Q23
2Q23
12.69
12.78
(Impairment Loss of Loans and Debt Securities)
Credit Cost (bps)
174
205
บริการทุกระดับประทับใจ
173
211
156
206
205
208
81
K
KASIKORNTHAI
Bad Assets Resolution
June 2023 (Consolidated)
Write-offs
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
(Bt bn)
NPL Portfolio Sales
(Bt bn)
70
60
50-
40-
30
20
10 5.5 4.3 3.9 5.0
0
19.9
10.7
10.3
10.1 9.6
7.3
26.4
80
59.0
70
60
50
40
30
27.4
15.4
21.5
11.4
8.4
6.4
7.1
6.8
10
2008-2015:
2021:
no bulk NPL sales
5.3
0
no NPL sale
2007
2008 2015 2016 2017
2018 2019
2020
Gill
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1H23
Outstanding Foreclosed Properties
NPL sales legal claim amount, not book value of transferring amount
72.0
50.6
2021 2022 1H23
NPL sales mostly to AMCS except 2007: Standard Bank Asia Limited and Morgan Stanley Emerging
Markets Inc., 2016: JMT Network Services PCL, and 2022: Most NPL sales to JK Asset Management
Sales of Foreclosed Properties (KBank only)
(Bt bn)
16.7 15.9 15.1
(Bt bn)
54.7 53.1
46.3
31.5
28.4
24.9
12.5 12.1 13.4
16.1 17.4 19.6
13.1
6.5
5.4 5.6
5.0 4.8
4.1
4.0 4.3
4.2
2.8 3.0 2.9
3.0
2.4
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1H23
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1H23
Note: On September 11, 2013, the Bank was formally notified of its final loss sharing portion under the asset transfer agreement with TAMC established in October 2001. This amounted to Bt206mn. An amount
of Bt1,159mn relating to the provision for losses recorded in prior years has been reversed through profit or loss in 2013.
บริการทุกระดับประทับใจ
82
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