KBank's Strategic Acquisition in Muang Thai Group Holding
K
KASIKORNTHAI
Composition of Growth: Loans by Business
Moderate loan growth momentum in line with full-year target
Loan Portfolio Structure
Consolidated
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Loan Portfolio
(Bt bn)
2,800
2,421
2,495
2,465
Amount (Bt bn)
Dec 22
1Q23
1Q23
Y2023
Mar 23 Loan Growth Yield Range Loan Growth Target
2,245
2,400
(%)
(%)
2,002
2,000
34%
36%
36%
Corporate
Corporate Loans
880
876
(0.5%)
2-4%
36%
1,600
35%
SME Loans
780
763
(2.2%)
5-7%
■SME
Retail Loans
703
690
1,200
33%
31%
(1.9%)
5-7%
31%
34%
33%
■Retail
Other Loans
132
136
3.8%
800
Others
Total Loans 1)
2,495
400
28%
28%
29%
28%
28%
2,465
(1.2%)
5.5%
(%)
4-6%
1-2%
2-4%
5-7%
0
4%
3%
4%
5%
5%
2019
2020
2021
2022
1Q23
Note: From time to time, the Bank has adjusted loan definitions based on loan portfolio management; thus, the latest loan base is
not comparable with previous reports.
1) Other loans were included loans through the World Business Group. In 1Q23 WBG loans were Bt85bn, increased 4.2% YTD, and 69.0% YoY
1Q23
2023 Outlook
Corporate
Loans
SME
Loans
Retail
Loans
Loan Definition
■ Loan portfolio mainly grew from short-term loans in financial institutions,
healthcare, petroleum and petrochemicals as well as consumer goods
industries.
■ SME loans outstanding was decreased due to balance sheet clean up as
well as to control and mitigate credit risk from viable customers
■ However, KBank still provided various product offerings matched to
customers' needs with risk-based offerings
■ Unsecured loans outstanding decreased due to seasonal repayment of
Credit Card which hiked at year end. However, spending showed
improvement in tourism, restaurant, and consumer categories. Personal
loans grew prudently to control and mitigate credit risk
■ Home loans decreased as per market competition. However, new volume
showed improving trend in 1Q23
■ Continued use of data analytics to continuously improve predictive
power of credit model and credit process in order to acquire new
customer segments with acceptable risk for both SME and Retail Loans
Corporate Loans: Loans of KBank and KBank's Subsidiaries in Corporate Segments (annual sales turnover > Bt400mn)
SME Loans: Loans of KBank and KBank's Subsidiaries in SME Segments (annual sales turnover ≤ Bt400mn)
Retail Loans: Loans of KBank and KBank's Subsidiaries in Retail Segments
■ Focus on supporting ESG loans in prospective industries
■ Potential loan growth in some sectors to support business opportunities
■ Grow prudently in line with market situation focusing on secured credit
▪ Use data analytics to expand credit opportunities in specific industries
■ Provide various product offerings matched to customer needs with risk-based pricing
■ Promote business growth of healthy SME customers and accelerate supports to at-risk
SMEs to maximize recovery
■ Maintain lead position in consumer market and be "1st in mind" to our customers and
prospects
■ Grow prudently in line with market situation
■ Focus on intelligent lending by using data analytics to offer products and promotions
aligned with customers' needs
■ Focus on acquiring "small-pocket" customers with acceptable risk and proactive
monitoring to manage loan portfolio quality
■ Focus on generating additional revenue from existing credit customers
บริการทุกระดับประทับใจ
Other Loans: Composed of loans through the World Business Group,
insurance business (MTL), and other loan types not directly attributable to
the main business groups. Before Y2020, other loans were loans in
Enterprise Risk Management Division (NPL + Performing Restructured
Loans) reclassified to their customer segments.
K
KASIKORNTHAI
Net Interest Margin
March 2023 (Consolidated)
NIM
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Yield on Earnings Assets and Cost of Fund
(%)
(%)
5
8
4
3.31
3.27
3.21
3.33
3.46
5.49 Yield on Loans
6
5.21
I
4.82
4.97
4.71
3
4.19
3.83
4
3.64
3.79
4.21 Yield on Earnings
Assets
2
1
0
2019
2020** 2021
2022
1Q23
2
1.23
0.78
1.01
0.59
0.62
Cost of Fund
0
1.14
0.71
0.54
0.53
0.87 Cost of Deposits*
2019
2020"
2021
2022
13
1Q23
■NIM was 3.46% in 1Q23, increased YoY, mainly due to higher yield in line with interest rate trend, despite higher cost of
fund from higher rate and the resumption of FIDF fee to its normal rate in January 2023. More than 90% of interest
income received in cash.
2019
2020
2021
2022
1Q22
1Q23
4Q22
1Q23
NIM (%)
3.31
3.27
3.21
3.33
3.19
3.46
3.62
3.46
Yield on Earnings Assets (%)
4.19
3.83
3.64
3.79
3.61
4.21
4.14
4.21
Yield on Loans (%)
5.21
4.82
4.71
4.97
4.76
5.49
5.37
5.49
Cost of Fund (%)
1.23
0.78
0.59
0.62
0.57
1.01
0.71
1.01
Cost of Deposits (%), incl DPA
1.14
0.71
0.54
0.53
0.52
0.87
0.58
0.87
Note: Cost of deposits including contributions to the Financial Institutions Development Fund (FIDF) and Deposit Protection Agency (DPA).
* The FIDF fee is temporarily reduce from 0.46% to 0.23% for 3 years, according to the BOT announcement in the Royal Gazette, during January 2020 to December 2022.
** 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).
บริการทุกระดับประทับใจ
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