Currency and Interest Rate Outlook slide image

Currency and Interest Rate Outlook

K KASIKORNTHAI Other Figures Loans to GDP as of 2020 United States Thailand South Korea Japan Malaysia Singapore China ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Thai Banks' Net Loan Growth and NPL Ratio % YoY 67.1 90.5 98.4 100.4 % to Total Loans 12 129.4 52963 15 5.23 6 3.89 5 2.94 2.44 2.31 2.31 2.69 2.99 3.08 3.09 3.14 3.25 3.244 3 2 12.5 15.1 14.0 10.5 4.2 3.4 1.3 4.3 5.2 1.9 6.1 4.3 144.7 % of GDP 0 1 -3 170.0 -0.5 2009 0 2011 2013 2015 2017 2019 1Q21 3 53 73 93 ;3 433 453 473 T 493 4;3 % YoY Net Loan Growth % Gross NPL Ratio Note: Data on China, Korea and Japan include loans from commercial banks as well as financial institutions, the rest include loans only from commercial banks Credit Card Statistics Note: % YoY Net loans represent growth of net loans in 14 Thai commercial banks from C.B.1.1 Latest % Gross NPL is as of 2Q20 GDP Per Capita % YoY Baht 25 19.9 250,000 11.3 -10 -15 GSGOGOGN 12.8 15 11.1 9.7 10.2 200,000 8.7 6.7 7.2 6.0 5.6 -1.1 5 150,000 5.8 14.3 11.0 9.5 4.8 8.0 9.4 6.2 9.2 8.6 0 -1.6 -5 100,000 Credit Card Loan Growth Spending Growth 11.3 50,000 147,364 4.0 8.6 3.9 1.8 3.2 5.7 5.4 5.2 2.9 % YoY 20 -7.30 163,956 170,467 185,159 192,327 195,807 202,151 213,586 225,095 236,861 243,787 225,914 I 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 5M21 Note: The credit card statistics number includes foreign bank and non-bank credit cards Source: BOT, NESDC, NSO, CEIC Data, and KResearch 0 2009 บริการทุกระดับประทับใจ K KASIKORNTHAI Other Figures Population and Labor force 2012 GDP Per Capita -10 -20 22 123 -30 2015 2018 2020 % YoY ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Unemployment Rate 0.68 0.66 0.72 0.84 0.88 0.99 Million Person % of Labor Force 60 54.0 55.2 54.5 55.0 54.8 55.6 56.0 56.3 56.6 56.8 57.0 2.50 50 2.00 40 1.50 1.50 30 1.04 20 1.00 10 0.50 0 0.00 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 1Q21 ■Population (Age>= 15 years) Foreign Direct Investment Labour Force 2009 2012 1.18 1.05 0.98 2015 2018 1.96 1.69 1Q21 Foreign Direct Investment Position by Countries % Trillion Baht 100% 22.1 22.2 21.8 22.9 23.8 24.7 24.3 25.1 25.1 25.4 10 25 80% 15.2 15.5 13.9 20 9.6 8.2 7.9 8.1 7.5 6.6 6.8 6.7 6.3 6.3 8 7.5 6 28 11.7 8.9 -1.3 9.4 15 60% 3.9 10 31.7 34.6 35.0 35.1 36.3 35.2 36.2 34.3 33.1 33.6 5 -1.6 40% 4 0 -5 20% 2 4.9 5.6 5.8 6.6 6.5 7.0 7.9 7.7 8.5 8.8 8.7 -10 18.2 17.1 1.4- 1.9 1.6 1.7 2.3 2.0 17.0 16.1 16.0 16.0 14.8 14.0 17.6 16.3 16.1 2.3 28 14.8 13.4 16.7 15.5 17.8 2.7 2.8 12.6 12.5 20.2 19.4 0 -15 0% 2011 2012 2013 161 Note: 2014 2015 2016 2017 2018 2019 2020 1Q21 FDI Position (LHS) ―% YoY (RHS) 2012 2013 2014 2015 2016 2017 2018 2019 2020 1Q21 ■ASEAN ■EU ■China ■Japan ■ US Others - FDI refers to equity investment, lending to affiliates, and reinvested earnings; investment in equity is treated as a direct investment when the direct investors own 10% or more of ordinary shares - FDI position by countries is an investment outstanding that nonresident investors have with resident enterprises as stock concept - Converted FDI US Dollar to Thai Baht by reference rate from the Bank of Thailand Source: BOT, NESDC, NSO, and KResearch บริการทุกระดับประทับใจ 162
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