KASIKORNBANK Strategic Acquisition slide image

KASIKORNBANK Strategic Acquisition

K KASIKORNTHAI BOT's Relief Measures for COVID-19 Impacts ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK ■Providing tailor-made assistance to SME and retail customers during the COVID-19 pandemic 2020 2021 2022 2023 BOT Sustainable Long-term Debt Restructuring Debt Restructuring BOT Asset Warehousing ¹); Debt restructuring through Asset Warehousing with buy-back options within 3-5 years Liquidity Injection Debt Consolidation for Individuals: • Consolidate unsecured loans, hire purchase, and housing loans from same creditor to utilize collateral. For combined unsecured loans, interest rate capped not higher than the Minimum Retail Rate (MRR), while loan repayment period can be extended according to debt service ability of debtor. • Extend Debt Consolidation scope 2) to be more flexible by allowing debtors to combine housing loan and retail unsecured loans held at different lenders to be consolidated into a single institution via refinancing. Consolidated retail loan interest rate capped at housing loan interest rate +2%. Reducing minimum credit card payment rate: Reduce minimum payment on the total credit card outstanding amount of at least 5% in 2020-2022, at least 8% in 2023, and at least 10% from 2024 onwards BOT Soft Loans (supported by TCG credit guarantee scheme) 1): Up to 7-year terms, at average interest rate of 5% p.a. for five years (2% for the first 2 years) with 6 months interest free Note: 1) According to the Emergency Decree on Financial Rehabilitation and Recovery to support Businesses affected by COVID-19 (B.E. 2564), dated April 19, 2021. 2) According to the BOT's circular Re: Guidelines for Providing Assistance to Debtors Affected by the COVID-19 Pandemic (Long-term Debt Relief Measures via Refinancing and Debt Consolidation), dated November 16, 2021. บริการทุกระดับประทับใจ 143 K KASIKORNTHAI 20-Year National Strategy (2017-2036) ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK (As defined in Section 65 of the Constitution of the Kingdom of Thailand and passed by the NLA in June 2017) ■To achieve the vision "Security, Prosperity, Sustainability", to become a high-income country, to improve quality of life, to generate high income, to escape the middle income trap, and to ensure well-being for all Thais "Security" Key Strategies Security "Prosperity" 2 Competitiveness enhancement Development and Empowerment Human Capital 4 Broadening Opportunity and Equality in Society 6 3 5 Reforming Government Administration Environmentally Friendly growth "Sustainability" " The Goals High income country: 15,000 USD per capita by 2036 (2016 income per capita = 5,901 USD) Economic growth around 5% per year (4-5% under 12th NESDB Social and Economic Development Plan and 5% for the next three NESDB 5-Year Plans) People of all ages healthy and with lifelong learning opportunities Target Gini: <= 0.36 (inequality measurement: lower figure indicates better income distribution) Forest area as percentage of total land area more than 40% Fully implement Digital Government Services Enhance Corruption Perceptions Index beyond 50Plus (the lower tier of least corrupt countries) National Strategy Committee: Chairman is the Prime Minister; Secretary is NESDB Secretary-General 34 committee members First 17 committee members are high-ranking state officials and leading industry experts such as the Prime Minister, members of the top brass, National Police Chief, Permanent Secretary for Defense, President of the House of Representatives, Chairman of the Federation of Thai Industries, President of the National Farmers Council, President of the Thai Bankers' Association, Chairman of the Thai Chamber of Commerce, etc. Second 17 Committee members are experts from various fields 2017 I Jun17: NLA passed the law Aug17: Cabinet appointed committees Jun18: Cabinet endorsed the plan Jul18: NLA approved the plan 2022 2027 2032 The National Economic and Social Development Plan (5-year plan) aligned with the 20-year National Strategy The 12th National Economic and Social Development Plan (2017-2021) The 13th National Economic and Social The 14th National Economic and Social Development Plan (2022-2026) I Development Plan (2027-2031) บริการทุกระดับประทับใจ 2036 The 15th National Economic and Social Development Plan (2032-2036) 144
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