Currency and Interest Rate Outlook
K
KASIKORNTHAI
Interest Income - net
June 2021 (Consolidated)
Interest Income and Interest Expenses
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Interest Income - net
(Bt bn)
140.00 119.34 123.92
130.18
127.59
(Bt bn)
109.02
94.16
98.54 102.69
100.00
120.00
100.00
80.00
57.85
80.00
65.58
60.00
60.00
40.00
40.00
25.18
25.38
27.49
18.57
20.00
7.73
20.00
0.00
0.00
2017
2017
2018
2019
■Interest In come
2020
Interest Expenses
1H21
2018 2019 2020 1H21
Interest Income - net
1H21 net interest income slightly rose 4.87%, mainly from continual loan growth despite lower interest
rate, while NIM dropped mainly due to lower yield on loans from interest rate cut, deterioration of asset
quality, and loans in relief measures despite lower cost of funds.
Interest Income (Bt bn)
Interest Expenses (Bt bn)
Interest Income - net (Bt bn)
Interest Income - net (% Growth YoY)
2017
2018
2019
2020
1H20
1H21
1Q21
2Q21
119.34
123.92
130.18
127.59
65.73
65.58
31.97
33.60
25.18
25.38
27.49
18.57
10.57
7.73
3.84
3.89
94.16
5.00%
98.54
4.65%
102.69
4.21%
109.02
6.17%
55.16 I
8.12%
57.85
4.87%
28.13 I 29.72
0.18% 9.73%
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
June 2021 (Consolidated)
Non-interest Income to Average Assets
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
71
Non-interest Income Structure
Net Premium Earned and
Underwriting Expenses
(%)
(Bt bn)
120
(Bt bn)
99.79
91.43
100
93.85
87.90
3
2.18
1.88
1.79
65
62.70
(-2%)
80.49 80.65
80
72.13 72.57
56.95
2
1.32
1.22
57.80
(+2%)
3%
60
40
33.95 34.54
1
55
45.87 1
20
(-21%)
0
0
45
2017
2017
2018
2019
2020
1H21
2018
2019
66%
35
64%
67%
1H21
2020*
Net Premium Eamed
Underwriting Expenses
Net Premium Earned - net
Non-interest Income Ratio
25
72%
23.03
(-4% YoY)
5%
(Bt bn)
14-
15432
(%)
9%
60
15
6%
0.1%
78%
3%
50
6%
0.1% 5%
15%
5%
40
3%
37
36
5
9 5.94
4
3.54
13%
16%
14%
40
30
18%
2%
28
-1%
30
5.3%
-0.4%
-1%
13%
-3%
-1
-5
2017
2018
2019
2020*
1H21
2017
20
-0.16 -0.44 -0.59
2018
2020*
2019
Net Premium Eamed - net
1H21
10
0
Gam on finand alinstument measured at PVTPL
(Gan on Trading and FX tansactions old)
Share of Profit from Investments on Equity Methad
Net Pt em um Earned- net
Fee and Service Income-nd
Gain on Investment
Dividendiname
2017
2018
2019
2020
1H21
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.
Non-interest Income (Bt bn)
Non-interest Income Growth (%YoY)
Non-interest Income Ratio (%)
2017
62.70
(1.62%)
39.97
2018
56.95
(9.17%)
2019
57.80
2020
45.87
1H20
24.06
1H21
23.03
1.51%
(20.65%)
36.62
36.02
29.61
(7.00%)
30.37
(4.28%)
1Q21
11.89
19.30%
2Q21
11.14
(20.96%)
28.48
29.72
27.26
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
* 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).
** The Bank restated the 1Q20 financial statements from the reclassification of investment in fund/ REIT to investments in FVOCI to comply with the Federation of Accounting Professions' announcement on 25
June 2020 and reclassification some items which did not impact to total assets, total liabilities and total equity.
บริการทุกระดับประทับใจ
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