Creating the Future of Finance - Breakthrough Innovation slide image

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 74
View entire presentation