Analyst Meeting 1Q2017 26 April 2017 - Krung Thai Bank€¦ · Note: Data are unaudited as of March...
Transcript of Analyst Meeting 1Q2017 26 April 2017 - Krung Thai Bank€¦ · Note: Data are unaudited as of March...
ConfidentialNote: Data are unaudited as of March 31, 2017
1Confidential
Analyst Meeting 1Q201726th April 2017
KTB Performance
ConfidentialNote: Data are unaudited as of March 31, 2017
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Domestic Branches (1) ATMs (2)
8,585 8,958 9,152 8,849 8,798
ConfidentialNote: Data are unaudited as of March 31, 2017
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1,161 1,196 1,214 1,213 1,199
2013 2014 2015 2016 1Q17 2013 2014 2015 2016 1Q17
Source: (1) BOT data as of March 31, 2017
(2) ATMs Data as of March 31, 2017
Loans and Deposits
1,884,262 2,152,553 2,137,446
1,975,158 1,995,295
1,715,504 1,900,647 1,969,662
1,837,120 1,849,771
91.0% 88.3%92.2% 93.0% 92.7%
75.00%
100.00%
2,000,000
2,500,000
3,000,000
THB million
ConfidentialNote: Data are unaudited as of March 31, 2017
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1,715,504 1,900,647 1,837,120 1,849,771
0.00%
25.00%
50.00%
0
500,000
1,000,000
1,500,000
2013 2014 2015 2016 1Q17
Deposits Loans Loan to Deposit
Gov. & SOEs
5%SMEs 20%
Mar-16 Loan BDGov. & SOEs
4%
Corporate
SMEs20%
Dec-15 Loan BD
Loans breakdown by borrower
ConfidentialNote: Data are unaudited as of March 31, 2017
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Definition: SME - loan to private companies that have employee no. less than/equal to 200 people and fixed asset (excluding land) less than/equal to Bt 200 m
December 2016 March 2017
Corporate37%
Retail 38%
Corporate37%
Retail39%
2.94%
3.04%
67,632 70,565
75,473
THB million
Net Interest Income Net Interest Margin*
ConfidentialNote: Data are unaudited as of March 31, 2017
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2.77%
2.70%
2.69%
2.83%
2013 2014 2015 2016 1Q16 1Q17
63,186 67,632
18,602 18,869
2013 2014 2015 2016 1Q16 1Q17
* NIM = Net Interest Income/ Average Earning Asset
30,972 33,945
Fee Income Other Operating Income Non Interest Income
THB million
Non Interest Income, Fee Income and Other Operating Income
ConfidentialNote: Data are unaudited as of March 31, 2017
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16,535 17,253 19,934 21,261
5,019 5,554
8,672 8,515 11,038
12,684
3,302 1,988
25,207 25,768 30,972
8,321 7,542
2013 2014 2015 2016 1Q16 1Q17
+10.7%
-39.8%
-9.4%
43,894
THB million
Total Other Operating Expenses Cost to Income Ratio
45.29%
ConfidentialNote: Data are unaudited as of March 31, 2017
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37,755 41,464
43,894 43,693
10,743 11,006
2013 2014 2015 2016 1Q16 1Q17
42.55%
45.29%44.18%
40.86% 40.85%
42.91%
2013 2014 2015 2016 1Q16 1Q17
31,540 31,855
26,474 29,968
6,986 7,323
2013 2014 2015 2016 1Q16 1Q17
50,985 50,094 55,465
63,243
15,558 14,644
2013 2014 2015 2016 1Q16 1Q17
Pre Provision Profit* Net Income
THB million THB million
ConfidentialNote: Data are unaudited as of March 31, 2017
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1.31% 1.24%0.97%
1.10%1.01% 1.12%
2013 2014 2015 2016 1Q16 1Q17
16.24%15.09%
11.57%12.06%
11.63%11.22%
2013 2014 2015 2016 1Q16 1Q17
*Pre-Provision Profit = income before income tax + impairment loss of loan and debt securities
Return on Asset Return on Equity
NPLs Ratio Coverage Ratio
2.58%2.30%
3.09%
3.89%4.28%
148.45%
147.46%137.89%
123.77%126.29%
132.12%
Actual/Required
ConfidentialNote: Data are unaudited as of March 31, 2017
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NPLs ratio (gross) calculated from total loans included interbank loans, according to BOT’s definition.
2.30%
1.49%1.30%
1.74% 1.81% 1.94%
2.60% 2.64%
2013 2014 2015 2016 1Q17
NPLs Ratio (Gross) NPLs Ratio (Net)
Excluded SSI
114.69%
132.12%
110.54%121.30% 113.40%
2013 2014 2015 2016 1Q17Actual provision/Required Provision
Coverage Ratio
RequiredReserve
Coverage Ratio
10.17%
10.91%11.43%14.79%
14.85%15.22%
16.85% 16.64%
10.38%
CAR Ratio Tier1 Ratio CET1 Ratio
Capital Adequacy Ratio, Tier 1 Ratio and Common Equity Tier 1 Ratio
BOT’s minimum requirement
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From December 31, 2016 onwards, CET1 Ratio was equal to Tier1 Ratio.
9.66%10.47% 11.06%
12.96% 13.01%
5.75%6.38% 7.00%
6.63%7.25%
7.88%9.13%9.75%
10.38%
2013 2014 2015 2016 1Q17 2017 2018 2019
Basel III
Economic Data
ConfidentialNote: Data are unaudited as of March 31, 2017
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Gross Domestic Product: GDP (%)
10.0
15.0
20.0
25.0
GDP 2013 => 2.8%
GDP 2014 => 0.7%
GDP 2015 => 2.8%
GDP 2016 => 3.2%
GDP 2017f => 3.4%
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-8.9
3.2
-15.0
-10.0
-5.0
0.0
5.0
10.0
1Q
11
2Q
11
3Q
11
4Q
11
Y2
01
1
1Q
12
2Q
12
3Q
12
4Q
12
Y2
01
2
1Q
13
2Q
13
3Q
13
4Q
13
Y2
01
3
1Q
14
2Q
14
3Q
14
4Q
14
Y2
01
4
1Q
15
2Q
15
3Q
15
4Q
15
Y2
01
5
1Q
16
2Q
16
3Q
16
4Q
16
Y2
01
6
1. Tsunami in Japan
2. Severe Flood in Thailand
1. Tsunami in Japan
2. Severe Flood in Thailand
Source : f-forecasted by KTB
Unemployment Rate (%) *Inflation Rate (%)
1.20
1.40
1.60
1.80
2.00
1.44
1.00
1.50
2.00
Headline Inflation Core Inflation
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0.70
0.00
0.20
0.40
0.60
0.80
1.00
0.59
-1.50
-1.00
-0.50
0.00
0.50
Fe
b1
5
Ap
r15
Jun
15
Au
g1
5
Oct
15
De
c15
Fe
b1
6
Ap
r16
De
c15
Fe
b1
6
Ap
r16
Jun
16
Au
g1
6
Oct
16
De
c16
Fe
b1
7
Note: *headline inflation edged up from the last year as prices of domestic
petroleum and fresh food increased.Source : BOT.
Policy Rate (%) Interest Rate (%)
6.26%
MLR
1.501.50
2.00
2.50Policy rate
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0.00
0.50
1.00
1.38%
Fix Deposit Rate
Source : BOT
Loan demand in the system *Loan to Deposit ratio (%)
9,637
11,962
0.53%
-2.00%
-1.00%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
-
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Loan amount Loan growthTHB million
60.0
70.0
80.0
90.0
100.0
95.3%
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10,000
12,490
+2.1%
-2.0%
-1.0%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Deposits B/E Deposits & B/E growth
0.0
10.0
20.0
30.0
40.0
50.0
60.0
4Q
/20
12
1Q
/20
13
2Q
/20
13
3Q
/20
13
4Q
/20
13
1Q
/20
14
2Q
/20
14
3Q
/20
14
4Q
/20
14
1Q
/20
15
2Q
/20
15
3Q
/20
15
4Q
/20
15
1Q
/20
16
2Q
/20
16
3Q
/20
16
4Q
/20
16
Jan
17
Fe
b1
7
Deposit supply in the system
THB million
Note: Commercial bank loan and deposit (excluded Interbank)*Loan to deposit ratio included bill of exchange
Source : BOT
Loans Market Share in the Thai Banking System,Large commercial banks command 66% of total banking system
66% 66%
2015
2016
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23%
11%
23%
11%
Large bank Medium bank Small bank
2016
Source : BOT
Deposits Market Share in the Thai Banking System,
Large commercial Banks command 69% of total banking system.
69% 69%
2015
2016
ConfidentialNote: Data are unaudited as of March 31, 2017
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21%
10%
21%
10%
Large bank Medium bank Small bank
2016
Source : BOT
Information contained in our presentation is intended solely for your reference.Such information is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the company.
In addition, the information contains projections and forward-looking statements that
reflect the company’s current views with respect to future events and financial performance.
ConfidentialNote: Data are unaudited as of March 31, 2017
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These views are based on assumptions subject to various risks. No assurance can be
given that future events will occur, that projections will be achieved, or that the company’s assumptions are correct.
Actual results may differ materially from those projected.
Thank You
ConfidentialNote: Data are unaudited as of March 31, 2017
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Thank You