Investor Presentaiton
Prudent actions to strengthen portfolio quality
Loan Classification (%)
NPL Ratio/Stage 3
Pre-Covid-19 19
1.60 tn
1,427 bn
Stage 1
Stage2
Stage 3
14.3%
1.58 tn
1.50 tn
1,417 bn
1,346 bn
89.0% Stage 1
89.9% Stage 1
89.5% Stage 1
8.3% Stage
7.4% Stage 2
2.76% Stage 3
2.75% Stage 3
7.6% Stage 2
2.89% Stage 3
132 bn
116 bn
115 bn
44.1 bn
43.3 bn
43.5 bn
Mar-20
Mar-21
Jun-21
2010
Stage
2+3
177 bn
160 bn
158 bn
2.76%
2020
TFRS9
tub
2.3% 2.5% 2.75% 2.89%
Mar Jun
2021
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After the 1st wave of Covid-19 in 2020, TTB proactively resolved NPLs to clear up headroom for headwinds in 2021. We has also continued to de-risk weak loans in
stage 2 to improve portfolio quality.
As a result, stage 2 loan outstanding decreased to THB 115 bn or 7.6% of total loans as of Jun-21, compared to THB 132 bn or 8.3% as of Mar-20, a pre-Covid level.
Stage 3 loan was at THB 43.5 bn, relatively stable. Stage 3 ratio rose to 2.89% due mainly to lower total loan volume and slow NPL resolution, remain in line with
guidance and relatively low when compared to peers.
For 2H21, TTB will continue to improve stage 2 while stage 3 is expected to persist from both NPL trend and our intention to slow NPL resolution activities to preserve
NPL value from higher supply in the market.
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