KASIKORNTHAI Regulatory Capital and Financial Performance Update
K
KASIKORNTHAI
Composition of Growth: Loans by Business
Moderate loan growth momentum in line with full-year target
Loan Portfolio Structure
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Loan Portfolio
(Bt bn)
Consolidated
2,800
2,421 2,495 2,438
Amount (Bt bn)
Dec 22
9M23
9M23
Y2023
Sep 23 Loan Growth Yield Range Loan Growth Target
2,245
(%)
2,400
(%)
2,002
2,000
34% 36%
36%
Corporate
Corporate Loans
880
878
(0.3%)
2-4%
36%
1,600
35%
SME Loans
780
724
■SME
(7.2%)
5-7%
1,200
33%
31%
Retail Loans
703
677
34%
33%
30%
(3.7%)
5-7%
Retail
Other Loans
132
160
21.3%
800
Others
400
28%
28%
29%
28%
28%
Total Loans 1)
2,495
2,438
(2.3%)
5-7%
(%)
4-6%
1-2%
2-4%
5-7%
0
4%
3%
4%
5%
6%
2019
2020
2021
2022
9M23
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 9M23, WBG loans were Bt107bn, increased 30.1% YTD and 63.9% YoY
9M23
2023 Outlook
Corporate
Loans
SME
Loans
Retail
Loans
Loan Definition
▪ Loan portfolio was stable from short-term loans, but long-term loan
slightly dropped due to customers repayment and postpone drawdown.
■ SME loan outstanding decreased due to balance sheet clean up as well
as to control and mitigate credit risk from viable customers; more focus
on secured credit customers in 2023
■ However, KBank still provided various product offerings matched to
customers' needs with risk-based offerings
■ Unsecured loan outstanding decreased due to seasonal repayment of
Credit Card which hiked at year end. However, spending showed
improvement in tourism, transportation and restaurant 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 3Q23
■ 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
■ Utilize data analytics to expand credit opportunities in specific industries
Support business growth of healthy SME customers and accelerate supports to at-risk
SMEs to maximize recovery
■ Provide various product offerings matched to customer needs
■ Grow prudently in line with market situation while maintaining a leading position in the
consumer market and being '1st in mind' for our customers and prospects
■ Focus on intelligent lending utilizing data analytics to offer products and promotions
aligned with customers' needs
■ Focus on good credit quality customers with acceptable risk and proactively monitor to
manage loan portfolio quality
■ Focus on generating additional revenue from existing credit customers
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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.
13
K
KASIKORNTHAI
Net Interest Margin
September 2023 (Consolidated)
NIM
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Yield on Earnings Assets and Cost of Fund
(%)
5
(%)
8
4
3.62
5.85 Yield on Loans
3.31
3.27
3.21
3.33
6
5.21
4.82
4.71
4.97
3
4.19
3.83
4
3.64
3.79
4.46 Yield on Earnings
Assets
2
1
0
2019
2020** 2021
2022
9M23
2
1.23
0.78
1.13
0.59
0.62
Cost of Fund
0
1.14
0.95
Cost of Deposits*
0.71
0.54
0.53
**
2019
2020
2021
2022
9M23
■NIM stood at 3.62% in 9M23, increased YoY, mainly due to higher interest rates, despite higher cost of fund from FIDF
and higher deposit rate. More than 90% of interest income received in cash.
NIM (%)
Yield on Earnings Assets (%)
Yield on Loans (%)
Cost of Fund (%)
Cost of Deposits (%), incl DPA
2019
2020
2021
2022
9M22
9M23
1Q23
2Q23
3Q23
3.31
3.27
3.21
3.33
3.26
3.62
3.46
3.63
3.76
4.19
3.83
3.64
3.79
3.70
4.46
4.21
4.47
4.67
5.21
4.82
4.71
4.97
4.85
5.85
5.49
5.91
6.19
1.23
0.78
0.59
0.62
0.59
1.13
1.01
1.14
1.24
1.14
0.71
0.54
0.53
0.52
0.95
0.87
0.94
1.04
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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