TMB Synergy and Financial Projections
2X growth in size and strong capital position for future growth
Total assets (bn.)
+709 bn from loans
+109% YTD
+122 bn from interbank
+98 bn from investment
TMB
Make THE Difference
Liabilities (bn.)
Total equity (bn.)
+748 bn from deposits
+ 96 bn from TMB equity
+74 bn from debts & borrowings
+23 bn from interbank
1,865
+111% YTD
1,670
1,016
848
793
99
99
793
854
892
888
1,045
2018
2019 (-201)
2018
2019
95
2018
+97% YTD
195
168
191
2019
(-168)
.
Total assets increased +109% YTD due mainly
to the consolidation of TBANK's total asset
• Key incremental items are loans, interbank,
investment and goodwill & other intangible
assets arising from the merger deal
• While TMB's loan growth declined 2.1% YTD
due mainly to the rundown of large corporate
loan as part of balance sheet optimization plan
• TMB (bank-only) reduced investment in HTM
portfolio due to change in investment strategy
•
Total liabilities expanded +110.6% YTD, driven
by deposits and borrowings from TBANK side,
combined with the increase in debt issued and
borrowings from TMB side
• TMB's flagship deposits, All Free and No-Fixed
continued to grow
Note: Consolidated Balance sheet included TBANK's financial position as of 31 Dec 2019
• +97% growth in equity was driven by capital
raising of THB 92.6 bn to support TBANK's
acquisition
TMB
TBANK
Other subsidiaries
Intercompany eliminations
4View entire presentation