KBank's Strategic Acquisition in Muang Thai Group Holding
K
KASIKORNTHAI
Expected Credit Loss and Credit Cost
March 2023 (Consolidated)
Impairment Loss of
Loans and Debt
Securities
Expected Credit Loss
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Credit Cost
(Bt bn)
(bps)
60
51.92 I
50
43.55
350
40.33
300
40
34.01
250
205
211
205
174
173
30
200
150
20
12.69
100
10
50
0
0
2019
2020
2021
2022
1Q23
2019 2020 2021
2022
1Q23
In 1Q23, we detected deterioration, worth 6% of ECL, in a single large corporate loan. We took immediate action,
covering the potential loss with management overlay. The level of management overlay temporarily dropped but stayed
within our 15-20% comfort range
In 2023, credit cost will hold in the range of 175-200 bps. We expect extra effort will be needed to keep credit cost within
this range because of our ongoing, proactive asset quality cleanup efforts and this one-time deterioration in a large
corporate loan. However, credit cost may hit the upper bound of the target range or slightly exceed it, rising to no more
than 210 bps
Expected Credit Loss (Bt bn)
2019
34.01
2020
43.55
2021
40.33
2022
51.92
1Q22
9.34
1Q23
12.69
4Q22
22.78
1Q23
12.69
(Impairment Loss of Loans and Debt Securities)
Credit Cost (bps)
174
205
173
211
153
205
368
205
บริการทุกระดับประทับใจ
K
KASIKORNTHAI
Bad Assets Resolution
March 2023 (Consolidated)
(Bt bn)
70
60
50
40
30
20
10 5.5 4.3 3.9 5.0
0
10.3
7.3
Write-offs
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
NPL Portfolio Sales
(Bt bn)
80
72.0
59.0
70
60
50
40
35.6
26.4
27.4
30
15.4
19.9
10.7
اتاتت
21.5
20
11.4
8.4
6.4
7.1
6.8
10
2008-2015:
2021:
no bulk NPL sales
no NPL sale
0
1.1
2007
2017
2021 2022 1Q23
NPL sales
10.1 9.6
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1Q23
Outstanding Foreclosed Properties
2008 2015 2016
2018 2019 2020
legal claim amount, not book value of transferring amount
NPL sales mostly to AMCS except 2007: Standard Bank Asia Limited and Morgan Stanley Emerging
Markets Inc., 2016: JMT Network Services PCL, and 2022: Most NPL sales to JK Asset Management
Sales of Foreclosed Properties (KBank only)
(Bt bn)
16.7 15.9 15.1
31.5
28.4
24.9
12.5 12.1 13.4
16.1 17.4 19.6
(Bt bn)
54.7 54.1
46.3
6.5
5.4 5.6
5.0 4.8
4.1
4.0 4.3
2.8 3.0 2.9
3.0
2.4
13.1
1.8
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1Q23
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1Q23
Note: On September 11, 2013, the Bank was formally notified of its final loss sharing portion under the asset transfer agreement with TAMC established in October 2001. This amounted to Bt206mn. An amount
of Bt1,159mn relating to the provision for losses recorded in prior years has been reversed through profit or loss in 2013.
บริการทุกระดับประทับใจ
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