Currency and Interest Rate Outlook
K
KASIKORNTHAI
Net Interest Margin
June 2021 (Consolidated)
NIM
(%)
8.00
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Yield on Earnings Assets and Cost of Fund
(%)
54
4
3.44
3.39
3.31
3.27
6.00
5.45
5.29
3.20
5.21
4.82 I
4.60
4.37
32-
4.27
4.19
3.83
Yield on Loans
4.00
3.62
Yield on Earnings Assets
1
2.00
1.22
1.19
1.23
0
0.78
0.59 Cost of Fund
2017
2018
2019
2020**
1H21
1.11
1.11
1.14
0.71
0.54
Cost of Deposits*
0.00
2017
2018
2019
2020*
1H21
■NIM was 3.20% in 1H21, decreasing YoY, due to lower yield on loans from interest rate cut, deterioration of asset
quality and loans in relief measures, despite of lower cost of funds.
High portion of CASA (80%) also helped support low cost of fund.
2017
2018
2019
2020
1 H20
1H21
1Q21
2Q21
NIM (%)
3.44
3.39
3.31
3.27
3.34
3.20
3.16
3.22
Yield on Earnings Assets (%)
4.37
4.27
4.19
3.83
3.98
3.62
3.59
3.64
Yield on Loans (%)
5.45
5.29
5.21
4.82
5.11
4.60
4.56
4.67
Cost of Fund (%)
1.22
1.19
1.23
0.78
0.88
0.59
0.60
0.58
Cost of Deposits (%), incl DPA
1.11
1.11
1.14
0.71
0.80
0.54
0.55
0.54
Note: Cost of deposits including contributions to the Financial Institutions Development Fund (FIDF) and Deposit Protection Agency (DPA).
* The FIDF fee is temporarily reduce from 0.46% to 0.23% for 2 years, according to the BOT announcement in the Royal Gazette, during January 2020 to December 2021.
** 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).
บริการทุกระดับประทับใจ
K
KASIKORNTHAI
Cost to Income Ratio
June 2021 (Consolidated)
Cost to Income Ratio
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Cost to Average Assets Ratio
(%)
(%)
50
42.31
43.96
45.32
45.19
41.54
6
40
4 2.31 2.26 2.26
30
2.01
1.78
20
10
0
T
2018
T
2019 2020*
1H21
2
0
2017 2018
2019 2020* 1H21
2017
1H21 cost to income ratio was 41.54%, decreased YoY from an increase of net total income while
operating expenses slightly increased; but cost to income will rise seasonally in 2H21.
Cost to Income Ratio (%)
Cost to Average Assets Ratio (%)
2017
2018
2019
2020
1H20
42.31
43.96
45.32
2.31
2.26
2.26
45.19
2.01
42.00
1H21
41.54
1Q21
2Q21
41.30
41.78
1.93
| 1.78
I
1.78
I
1.78
Note: * 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, due to reclassification of investment in trust fund to FVOCI.
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