KBank Subsidiaries and ASEAN Economic Strategy
K
KASIKORNTHAI
Restructured Loans Incurred Losses
December 2019 (Consolidated)
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
■Restructured loans that incurred losses determine from the loan that present value of expected future cash flow
to be received is less than the outstanding balance, where the present value is discounted by market rates;
debt restructuring includes various forms i.e. reduction of principal and interest, transfer of assets, and
change of repayment conditions
% of Restructured Loans that Incurred Losses
to Total Loans
Restructured Loans that Incurred Losses
Breakdown by NPL and Non-NPL
(Bt bn)
(% of Restructured Loans).
69.6 67.2
5%
70
4%
3.4% 3.5%
3.6%
60
3.4%
58.3
62.2
96% 93% 96% 98%
50
2.6%
3%
1.9%
2.1%
2.2%
35.1
40
1.9% 1.9%
1.6% 1.8%
27.1
30
24.2
2%
17.6
20-
1%
10
0%
0
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
85% 89%
15%
11%
1%
2008 2009 2010
22.6 22.9
99%
25.2
23.7
96%
98% 90% 90% 95%
2% 10% 10%
2011 2012 2013 2014
4%
4% 7%
4%
2%
5%
2015 2016 2017 2018 2019
■ NPL Non NPL
Note: 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, which were based on the prior accounting standards (non-TFRS9).
** The Bank and its subsidiaries engage in debt restructuring contracts which were classified as NPL and non-NPL that incurred losses, but not included customers under the Bank of Thailand's relief measures.
In 1H20, there were debt restructuring amounting to Bt4, 170mn and incurred losses amounting to Bt619mn.
บริการทุกระดับประทับใจ
K
KASIKORNTHAI
Bad Assets Resolution
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
June 2020 (Consolidated)
Write-offs
(Bt bn)
28
24
20
16
11.6
12
8.7
8
5.5
4.3
4
0
4.3 3.9
5.0
10.3
19.9
26.4
12.6
10.1
10.7
9.6
7.3
التاتش
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 1H20
NPL Portfolio Sales
2007: KBank and Phethai AMC sold NPLs totaling Bt11.4bn to Standard
Bank Asia Limited and Morgan Stanley Emerging Markets Inc. at Bt7.6bn
and Bt3.8bn, respectively
2008-1Q16: NPLs continued to decline without bulk NPL sales
2016: KBank sold NPLs worth Bt6.4bn (Bt4.9bn in 2Q16 and Bt1.5bn in
4Q16) to JMT Network Services PCL
2017: KBank sold NPLs worth Bt8.4bn in 4Q17 to asset management
companies
2018: KBank sold NPLs worth Bt15.4bn (Bt7.3bn in 1Q18, Bt5.4bn in 3Q18,
and Bt2.7bn in 4Q18) to asset management companies
2019: KBank sold NPLs worth Bt7.1bn (Bt4.3bn in 1Q19 and B2.8bn in
3Q19) to asset management companies
1Q20: KBank sold NPLs worth Bt4.9bn to asset management companies
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
Outstanding Foreclosed Properties
Sales of Foreclosed Properties
(Bt bn)
30
15-18.7 17.3 16.1 16.7 15.9 15.1
225050
10-
5
12.5 12.1 13.4
(Bt bn)
10
29.7
27.9
8
24.9
19.6
6
5.4
5.6
5.0
16.1 17.4
4.8
4.1
4.2
4
2.8
3.0
2.9 2.4
3.3
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 20191H20
2
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 1H20
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