2022 Performance and Sustainability Focus
Loan mix optimization towards retail lending for better loan yield
tub
Total Loan
Others
Retail Credit Card
1,371 bn
1%
1,394 bn
2%
-1.3% QoQ
1,376 bn +0.4% YTD
2%
Retail Personal Loan
2%
2%
2%
2%
2%
3%
Used Car
16%
Retail HP
29%
29%
30%
Retail Mortgage
23%
23%
23%
Small and
8%
8%
8%
Medium SME*
Corporate
Cash Your Car (CYC)
14%
New Car
70%
Cash Your Book (CYB)
0.1%
Breakdown Retail HP
411 bn
35%
34%
32%
Note:
* Small SME from THB 0-100 mn turnovers, Medium SME from THB 100-400 mn
Dec-21
Sep-22
Dec-22
•
•
.
•
Quality loan growth remained our key strategy in 2022. Therefore, loan resumption was selective and focused more on retail loans as we planned to enhance yields by
shifting a portfolio mix toward retail segments.
2022 loan expansion came as planned. Retail segment grew by +5.0% YTD, driven by post-merger's strengths and revamped group structure. Car loan and home loan
were our target areas and we could grow the portfolios by +4.3% and +3.2%, respectively. Growth in consumer lending products such as personal loans (+8.4% YTD)
and credit card (+15.7% YTD) was boosted by "ttb consumer", our new subsidiary.
Commercial loan, on the other hand, declined by -5.7% YTD due mainly to corporate loan repayment which was a result of our short-term tactics. In 1H22, we
strategically parked excess liquidity from pre-funding deposit strategy in commercial loans before redeploying for retail loan growth in 2H22. And we remained
conservative on SME portfolio and continued to de-risk the port.
For QoQ momentum, loans grew from retail products; HP +1.5% QoQ, mortgage +0.7% QoQ, personal loan +4.5% QoQ and credit card +13.2% QoQ. The corporate
loan and SME declined -6.3% QoQ and -1.3% QoQ in line with our SME de-risking strategy.View entire presentation