Creating the Future of Finance - Breakthrough Innovation
K
KASIKORNTHAI
Non-interest Income and Structure
December 2022 (Consolidated)
Non-interest Income to Average Assets
Non-interest Income Structure
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Net Premium Earned and
Underwriting Expenses
(%)
(Bt bn)
4
120
91.43
(Bt bn)
100
87.90
80.49 80.65
3
56.95
65
(-9%)
57.80
(+2%)
80
72.13 72.56 69.36 70.9866.06 69.28
60
1.88
1.79
60
2
1.32
55
3%
3%
45.87
40
43.96
1.13
40.26
20
0.96
50
(-21%)
(-4%)
0
1
45
4%
3%
(-8% YoY)
2018
5%
40
2019
Net premium earned
2020
2021
2022
Underwriting expenses
0
64%
35
67%
2018
2019 2020 2021
2022
30
Net Premium Earned - net
72%
80%
Non-interest Income Ratio
25
82%
20
(Bt bn)
14
5%
15
6%
0.1%
(%)
100.1% 4%
15%
5%
5%
10
3%
8%
9% 0.3%
60
5
16%
14%
% 1
18%
50
0
36.62
36.02
40
-5
2018
-0.3% -0.4%
-1%
2019
13%
13%
6
3.54
-2%
-0.3%
-0.16
-0.44
-4%
2
-1.62
-3.23
2020
2021
2022 -8%
29.61
26.91
30
123.24
-2
20
10
0
2018
2019
2020 2021
2022
Other operating income
Net earned premium - net
Share of profit from investments on equity method
Gain on financial instrument measured at FVTPL
(Gain on Trading and FX transactions-Old)
Gain on investments
■Fee and Service Income - net
2020
-6
Dividend Income
2018
2019
2022
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.
2021
2018
56.95
2019
57.80
2020
45.87
(9.17%)
1.51%
36.62
36.02
29.61
Non-interest Income (Bt bn)
Non-interest Income Growth (%YoY)
Non-interest Income Ratio (%)
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
2021
43.96
(20.65%) (4.17%)
2022
40.26
(8.42%)
1Q22
8.86
2Q22
9.50
3Q22
8.65
4Q22
13.25
(25.49%) (14.72%) (6.04%)
13.04%
26.91
23.24
21.82
22.88
20.72
26.83
K
KASIKORNTHAI
Net Fee Income
December 2022 (Consolidated)
Net Fee Income
บริการทุกระดับประทับใจ
ธนาคารกสิกรไทย
开泰银行 KASIKORN BANK
Net Fee Income to Net Total Operating Income
(%)
(Bt bn)
30
38.12
40
36.74
35.32
24.52
33.00
1 32.88
22.89
21.31 21.62
18.98
30
20
20
110
10
0
2018
2019
2020
2021
2022
0
2018
2019
2020
2021
2022
■Y2022 net fee income decreased 6.89% YoY, mainly due to a decrease in fees from fund management and brokerage
business in line with market conditions and drop in transaction service fee rate, while fees from card business
increased according to customer spending.
Net fee income to net total operating income was 18.98% in Y2022.
2018
2019
2020
2021
2022
1Q22
2022
3Q22
4Q22
Fee Income (Bt bn)
Fee Income-net (Bt bn)
Fee Income Growth (% YoY)
Net Fee Income Growth (%YoY)
Net Fee Income to Net Operating Income Ratio (%)
Note:
51.19
38.12
45.70
33.00
24.52
22.89
50.58
36.74
(1.10%) (1.19%) (9.65%) 6.41% (0.58%)
(7.72%) (3.61%) (10.17%) 7.01% (6.89%)
21.31 21.62
48.63
35.32
48.35
12.37
32.88
8.83
11.68
8.15
12.10
8.13
12.20
7.78
18.98
(1.97%) (1.32%) 1.24% (0.22%)
(6.36%) (5.00%) (5.09%) (11.09%)
21.75
19.63
19.47
15.75
- On the consolidated basis, Bancassurance fees are not included in net fee income since November 30, 2009, due to the elimination of inter-company transactions (the accounting treatment from the Muang Thai
Group Holding consolidation)
บริการทุกระดับประทับใจ
73
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