KBank's Strategic Acquisition in Muang Thai Group Holding slide image

KBank's Strategic Acquisition in Muang Thai Group Holding

K KASIKORNTHAI Interest Income - net March 2023 (Consolidated) Interest Income and Interest Expenses ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Interest Income - net (Bt bn) (Bt bn) 151.33 133.00 160.00 130.18 135.41 140.00 127.59 140.00 120.00 119.39 102.69 109.02 120.00 100.00 100.00 80.00 80.00 60.00 60.00 | 42.44 34.88 40.00 40.00 27.49 18.57 16.02 18.33 20.00 20.00 7.57 0.00 0.00 2019 2020 2021 2022 1Q23 2019 2020 Interest income 2021 2022 1Q23 Interest expenses 1Q23 net interest income increased 9.84% YoY, mainly due to an increase in interest income from loans to customers, while interest expense increased according to the resumption of the contribution from financial institutions to the FIDF to its normal level of 0.46%. Interest Income (Bt bn) Interest Expenses (Bt bn) Interest Income - net (Bt bn) Interest Income - net (% Growth YoY) 2019 2020 130.18 127.59 27.49 18.57 2021 135.41 16.02 2022 1Q22 1Q23 4Q22 1Q23 151.33 18.33 35.92 42.44 41.42 42.44 4.17 7.57 5.27 7.57 102.69 4.21% 109.02 6.17% 119.39 9.51% 133.00 31.75 34.88 36.15 34.88 11.40% 12.86% 9.84% 17.36% 9.84% Note: Contributions from MTL's insurance business to KBank include non-interest income (e.g. net-premium earned-net), and interest income (e.g. interest income from investment portfolio); however, all income sources from MTL will be netted with non-controlling interests. บริการทุกระดับประทับใจ K KASIKORNTHAI Non-interest Income and Structure March 2023 (Consolidated) Non-interest Income to Average Assets Non-interest Income Structure ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Net Premium Earned and Underwriting Expenses 75 (%) (Bt bn) 4 120 (Bt bn) 100 80.4980.65 3 65 1.79 60 57.80 (+2%) 80 72.13 72.56 69.36 70.98 69.28 66.06 60 2 996 1.32 55 1.13 0.96 1.10 50 45.87 (-21%) 40 43.96 (-4%) 18.42 19.85 20 40.26 0 1 45 (-8%) 2019 40 2020 Net premium earned 2021 0 64% 2022 1Q23 Underwriting expenses 35 2019 2020 2021 2022 Non-interest Income Ratio 1Q23 30 72% Net Premium Earned - net 80% 25 82% I 11.70 20 (Bt bn) 15 0.1% 5% 1 (32% YoY) 14 (%) 15% 10 10 60 5 14% 18% 50 0 -0.3% 36.02 40 I -5 2019 -0.4% -1% 2020 8% 13% -4%2021 0.3% 9% 69% 31% 8% 13% 6 0% -0.32022 29.61 26.91 1023-12% -1% 2 -0.16 30 23.24 25.12 -2 Other operating income 20 Dividend Income 10 0 Gain on investments Net earned premium-net 2019 2020 2021 2022 1Q23 -8% Fee and Service Income net ■Share of profit from investments on equity method-6 Gain on financial instrument measured at FVTPL (Gain on Trading and FX transactions-Old) 2019 2020 1Q23 Contributions from MTL's insurance business to KBank include non-interest income (e.g. net-premium earned- net), and interest income (e.g. interest income from investment portfolio); however, all income sources from MTL will be netted with non-controlling interests. -0.44 -1.62 -3.23 I-1.42 2021 2022 Non-interest Income (Bt bn) 2019 57.80 2020 45.87 Non-interest Income Growth (%YoY) Non-interest Income Ratio (%) 1.51% (20.65%) 36.02 29.61 2021 43.96 (4.17%) 26.91 2022 40.26 (8.42%) 23.24 1Q22 8.86 1Q23 11.70 4Q22 13.25 1Q23 11.70 (25.49%) 32.00% 21.82 25.12 13.04% 32.00% 26.83 25.12 Note: - Non-interest Income Ratio = Non-interest Income/Total Operating Income - net - Net Premium Earned - net Net Premium Earned less Underwriting Expense - The Bank and its subsidiaries have adopted TFRIC 13: Customer Loyalty Programmes since January 1, 2014 onwards บริการทุกระดับประทับใจ 76 70
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