KBank Subsidiaries and ASEAN Economic Strategy slide image

KBank Subsidiaries and ASEAN Economic Strategy

K KASIKORNTHAI Net Interest Margin June 2020 (Consolidated) (%) NIM 8.00 ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Yield on Earnings Assets and Cost of Fund 5 5.73 6.00 5.45 5.29 5.21 4 3.52 5.11 Yield on Loans 3.44 3.39 3.31 3.34 4.55 4.37 4.27 4.19 3 3.98 Yield on Earnings Assets 4.00 2 1 2.00 1.32 1.22 1.19 1.23 Cost of Fund 0.88 0 2016 2017 2018 2019 1H20** Cost of Deposits* 1.18 1.11 1.11 1.14 0.80 0.00 2016 2017 2018 2019 1H20 ■NIM was 3.34% in 1H20, increased YoY mainly due to yield on loans from EIR (TFRS9) and lower FIDF cost of deposit despite negative impact from rate cut and asset quality trend High portion of CASA (80%) helped support low cost of fund 2016 2017 2018 2019 1H19 1H20 1Q20 2Q20 NIM (%) 3.52 3.44 3.39 3.31 3.30 3.34 3.49 3.22 Yield on Earnings Assets (%) 4.55 4.37 4.27 4.19 4.18 3.98 4.20 3.80 Yield on Loans (%) 5.73 5.45 5.29 5.21 5.26 5.11 5.37 4.91 Cost of Fund (%) 1.32 1.22 1.19 1.23 1.21 0.88 0.98 0.79 Cost of Deposits (%), incl DPA 1.18 1.11 1.11 1.14 1.13 0.80 0.87 0.74 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, which were based on the prior accounting standards (non-TFRS9). บริการทุกระดับประทับใจ K KASIKORNTHAI Cost to Income Ratio June 2020 (Consolidated) Cost to Income Ratio (%) ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Cost to Average Assets Ratio (%) 843200 50 41.63 42.31 43.96 45.32 42.00 60 4 2.36 2.31 2.26 2.26 1.93 2 10 2016 2017 2018 2019 1H20* 0 2016 2017 2018 2019 1H20* 1H20 cost to income ratio was 42.00%; improved from both higher revenue growth and lower operating expenses; focus on cost management and productivity improvement Cost to Income Ratio (%) Cost to Average Assets Ratio (%) 2016 2017 2018 2019 1H19 1H20 41.63 2.36 42.31 2.31 43.96 45.32 43.89 42.00 1Q20** 45.94 2Q20 38.36 2.26 2.26 2.11 1.93 2.06 1.79 17 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, 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. บริการทุกระดับประทับใจ 18
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