Creating the Future of Finance - Breakthrough Innovation slide image

Creating the Future of Finance - Breakthrough Innovation

K KASIKORNTHAI 2022 Performance Highlights ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK expected credit loss, while EBPT improved from higher income, as a result of the Bank's strategic and interest rate direction, and efficient expense management. Y2022 loans grew 3.03% YoY, mainly from corporate business and small ticket lending (SME and Retail) while home loan decreased. However, loans decreased in 2H22 from NPL outflow management. Consolidated Net Profit (Bt bn) 2021 1Q22 2Q22 3Q22 4Q22 2022 Y2022 net profit decreased 6.00% YoY, due to higher 38.05 11.21 10.79 10.57 3.19 35.77 Profitability - NIM - ROE* - ROA - YTD Loan growth 3.21% 3.19% 3.21% 3.33% 3.62% 3.33% 8.44% 9.30% 9.13% 8.49% 2.63% 7.38% 0.98% 1.09% 1.04% 1.00% 0.30% 0.86% 7.88% 1.51% 2.79% 1.75% 3.03% 3.03% - YoY Loan growth 7.88% 6.77% 4.45% 0.83% 3.03% 3.03% - YoY Net fee income growth 7.01% (6.36%) (5.00%) (5.09%) (11.09%) - YoY Non-interest income growth (4.17%) (25.49%) (14.72%) (6.04%) 13.04% (6.89%) (8.42%) Cost control - Cost to income 43.49% 42.82% 43.53% 43.73% 42.60% Asset quality - NPL ratio - Credit Cost 3.76% 1.73% 3.78% 3.80% 3.07% 1.53% 1.59% 1.61% 3.19% 3.68% - Coverage ratio Loans to Deposits Tier 1 Ratio CAR 159.08% 158.33% 144.61% 148.74% 154.26% 3.19% 2.11% 154.26% 93.20% 93.31% 93.18% 92.65% 90.77% 16.49% 16.35% 16.39% 17.21% 16.84% 18.77% 18.34% 18.37% 19.19% 18.81% 90.77% 16.84% 18.81% Note: Under Bank of Thailand regulations, net profit in the first half of the year is counted as capital after approval by the Board of Directors as per Bank regulations. Net profit in the second half of the year is counted as capital after approval of the General Meeting of Shareholders. However, when a net loss occurs, the capital must be reduced immediately Capital Adequacy Ratio (CAR) has been reported in accordance with Basel III Capital Requirement from January 1, 2013 onwards. CAR is based on KASIKORNBANK FINANCIAL CONGLOMERATE. KASIKORNBANK FINANCIAL CONGLOMERATE means the company under the Notification of the Bank of Thailand re: Consolidated Supervision, consisting of KBank, K Companies, and subsidiaries operating in supporting KBank, Phethai Asset Management Co., Ltd., and other subsidiaries within the permitted scope of the BOT's definition to be a financial conglomerate NIM was 3.33% in Y2022, increased YoY, due to higher yield on loans as small ticket lending (SME and Retail) increased, and higher lending rates. 43.15% Y2022 net fee income decreased 6.89% YoY, mainly due to a decrease in fees from fund management and brokerage business in line with market conditions and drop in transaction service fee rate, while fees from card business increased according to customer spending. Y2022 cost to income ratio was 43.15% decreased YoY, from net total income increased, while higher operating expense (mainly from marketing and IT expense). Focus on cost management and productivity improvement, with new investments for future growth. * ROE = Net profit (attributable to equity holders of the Bank) deduct dividend from other equity instruments after income tax divided by average equity of equity excluded other equity instruments ■NPL ratio in Y2022 was at 3.19%, with a coverage ratio of 154.26%, from proactively embarking and cooperating with professional partners to enhance the effectiveness of NPL management. Asset quality is manageable with closely monitored and constantly reviewed. ■Y2022 capital base remained sufficient to support business growth. บริการทุกระดับประทับใจ K KASIKORNTHAI Consolidated Financial Statements ธนาคารกสิกรไทย 开泰银行 KASIKORN BANK Statements of Comprehensive Income (Bt mn) 2020 Interest income Interest expenses Interest income - net Fee and service income 127,592 2021 135,415 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 2022 34,828 35,010 35,924 36,367 37,620 41,421 151,333 18,570 16,024 4,087 4,210 4,174 4,355 4,532 5,274 18,334 109,022 119,390 30,741 30,800 31,751 32,012 33,088 36,148 132,998 45,699 48,628 11,949 12,224 12,367 11,683 12,099 12,197 48,345 Fee and service expenses 12,695 13,312 3,389 3,474 3,535 3,536 3,974 4,418 15,463 Fee and service income - net 33,004 35,316 8,560 8,749 8,832 8,147 8,125 7,779 32,882 Gain (Loss) on financial instrument measured at FVTPL 8,119 5,539 (184) 2,709 686 (452) 144 4,674 5,053 Share of profit (loss) from investments using equity method Gain (Loss) on investments (193) (694) (166) (315) (50) 151 (40) 54 115 1,308 817 286 85 (17) (135) (17) 38 -130 Net premium earned 72,129 69,360 17,255 18,156 15,718 14,393 17,853 18,091 Other operating income 1,682 1,289 214 401 427 406 614 Total operating income 227,456 234,328 57,655 61,254 58,218 55,745 60,606 675 67,973 66,056 2,123 242,542 Underwriting expenses 72,565 70,979 17,712 18,731 17,605 14,234 18,871 18,574 69,285 Total operating income - net 154,891 163,349 39,943 42,523 40,613 41,511 41,735 49,399 173,258 Total other operating expenses 69,997 71,044 16,965 20,478 17,390 18,070 18,251 21,041.64 74,753 Earning Before Provision and Tax 84,895 92,305 22,978 22,045 23,223 23,441 Expected Credit Loss 43,548 40,332 11,296 9,580 9,336 9,852 23,484 9,948 28,357.57 98,505 22,784.00 51,919 Impairment loss of loans and debt securities - - Operating profit before income tax expenses 41,347 51,973 11,682 12,466 13,887 13,589 13,536 5,574 46,585 Income tax expenses 7,656 9,729 2,026 2,120 2,700 2,454 2,546 933 8,633 Net profit attributable: Equity holders of the Bank 29,487 38,053 8,631 9,901 11,211 10,794 10,574 3,191 35,769 Non-controlling interest 4,203 4,192 1,025 445 (24) 341 416 1,450 2,183 Statements of Financial Position (Bt mn) Loans to customers Total Assets Deposits Total Liabilities Total Equity attributable to equity holders of the Bank 2020 2021 3Q21 4Q21 1Q22 2Q22 2,244,821 2,421,813 2,444,018 2,421,813 2,458,263 2,489,420 3,658,798 4,103,399 4,029,831 4,103,399 4,133,248 4,187,779 2,344,998 2,598,630 2,531,290 2,598,630 2,634,409 2,671,536 3,167,512 3,566,724 3,507,795 3,566,724 3,585,865 3,642,814 439,670 476,714 464,367 476,714 488,192 488,963 3Q22 4Q22 2,464,277 2,495,077 4,229,795 4,246,369 2,659,896 3,672,187 500,248 2022 2,495,077 4,246,369 2,748,685 2,748,685 3,679,289 3,679,289 503,270 503,270 Note: KBank acquired additional ordinary shares in MTGH, to hold a 51% stake valued at Bt7,529mn; the MTGH Acquisition was completed on November 30, 2009. As the MTGH acquisition was completed on November 30, 2009, the Bank's consolidated financial statements from 2010 include the performance of companies in the MTGH Group for the whole year. บริการทุกระดับประทับใจ 69 70
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