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Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
1
Analyst Meeting Y2017
January 2018
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
2
Economic Data
KTB Performance 1
2
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
3
Domestic Branches* ATMs
1,196 1,214 1,213 1,121
2014 2015 2016 2017
8,958 9,152 8,849 8,726
2014 2015 2016 2017
* Domestic branches including service point
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
4
Loans and Deposits
2,151,268 2,135,499 1,972,404
2,070,875
1,952,996 2,027,440 1,904,089 1,938,082
90.78% 94.94% 96.54%
93.59%
2014 2015 2016 2017
Deposits Loans* Loan to Deposit*
THB million
* Loans less deferred revenue.
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
5 Note: Data are unaudited as of December 31, 2017 (Bank only basis). 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 December 2017
Gov. & SOEs
7%
Corporate 36%
Retail 38%
SMEs 19%
Gov. & SOEs
4%
Corporate 37%
Retail 39%
SMEs 20%
Loans breakdown by borrower
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
6
77,158 80,868 86,966 85,778
2014 2015 2016 2017
THB million
5.06% 4.95% 4.91% 4.62%
3.04% 3.02% 3.30% 3.23%
2.18% 2.11% 1.78% 1.56%
2014 2015 2016 2017
Earning Asset NIM Cost of fund
Net Interest Income Net Interest Margin
* Earning asset yield = Interest income / Average earning asset
** NIM = Net interest income/ Average earning asset
*** Cost of fund = Interest expense / Interest bearing liabilities
Earning
Asset Yield*
Net
Interest Margin**
Cost of Fund***
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
7
21,027 24,224 25,931 28,638
12,272 14,396
15,681 13,354 33,299
38,620 41,612 41,992
2014 2015 2016 2017
Fee Income Other Operating Income
THB million
Non Interest Income, Fee Income and Other Operating Income
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
8
44.56% 43.67%
40.61% 40.12%
2014 2015 2016 2017
48,145 50,920 50,631 49,407
2014 2015 2016 2017
THB million
Total Other Operating Expenses Cost to Income Ratio
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
9
15.15%
11.92% 12.42%
7.99%
2014 2015 2016 2017
1.25% 1.02% 1.17%
0.81%
2014 2015 2016 2017
33,191 28,494 32,305 22,446
2014 2015 2016 2017
59,905 65,688 74,058 73,746
2014 2015 2016 2017
Pre Provision Profit(1) Net Income(2)
(1) Pre-Provision Profit = income before income tax + impairment loss of loan and debt securities.
Return on Asset(3) Return on Equity(3)
THB million THB million
(2) Net income (attributable to equity holders of the bank).
(3) ROA and ROE calculate from net income (attributable to equity holders of the bank) divided by average assets and average equity attributable to equity holders of the bank respectively.
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
10
NPLs Ratio Coverage Ratio
NPLs ratio (gross) calculated from total loans included interbank loans, according to BOT’s definition.
2.41%
3.20%
3.97% 4.19%
1.31%
1.73% 1.81% 1.77%
2.77%
2014 2015 2016 2017
NPLs Ratio (Gross) NPLs Ratio (Net)
Excluded SSI
132.24%
112.55% 121.57% 121.71%
2014 2015 2016 2017
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
11
10.47% 11.06% 12.96% 13.59%
5.75% 6.38% 7.50% 8.00%
10.91% 11.43%
7.25% 7.88%
9.00% 9.50%
14.85% 15.22%
16.85% 17.45%
9.75% 10.38%
11.50% 12.00%
2014 2015 2016 2017 2017 2018 2019* 2020*
CAR Ratio Tier1 Ratio CET1 Ratio
Capital Adequacy Ratio, Tier 1 Ratio and Common Equity Tier 1 Ratio
Basel III
BOT’s minimum requirement
Note: Data are unaudited as of December 31, 2017 (Bank only basis). From December 31, 2016 onwards, CET1 Ratio was equal to Tier1 Ratio. *According to BOT’s regulation, the minimum capital ratio absorb capital conservation buffer, countercyclical buffer and higher loss absorbency.
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
12
Bank only
GDP Growth(Forecast) 4.1%
Loan Growth 6 - 7%
Fee Income Growth 4 - 6%
ROA Maintain
ROE Maintain
NPLs Ratio (gross) Maintain *The financial targets are estimated under current economic situation. Any major change in economic condition or unexpected situation may cause the change of the above financial targets.
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
13
Economic Data
KTB Performance 1
2
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
14
Gross Domestic Product: GDP (%)
-8.9
4.3
1Q
11
2Q
11
3Q
11
4Q
11
Y20
11
1Q
12
2Q
12
3Q
12
4Q
12
Y20
12
1Q
13
2Q
13
3Q
13
4Q
13
Y20
13
1Q
14
2Q
14
3Q
14
4Q
14
Y20
14
1Q
15
2Q
15
3Q
15
4Q
15
Y20
15
1Q
16
2Q
16
3Q
16
4Q
16
Y20
16
1Q
17
2Q
17
3Q
17
1. Tsunami in Japan 2. Severe Flood in Thailand
GDP 2013 => 2.8% GDP 2014 => 0.7% GDP 2015 => 2.8% GDP 2016 => 3.2% GDP 2017f* => 3.4%
Source : NESDB
*f-forecasted by KTB
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
15
Unemployment Rate (%) *Inflation Rate (%)
1.10
0.99
0.61
Mar
15
May
15
Jul1
5
Sep
15
No
v15
Jan
16
Mar
16
May
16
Jan
16
Mar
16
May
16
Jul1
6
Sep
16
No
v16
Jan
17
Mar
17
May
17
Jul1
7
Sep
17
No
v17
Headline Inflation Core Inflation
Note: *headline inflation edged up from the last year as prices of domestic
petroleum and fresh food increased.
Source : BOT.
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
16
Policy Rate (%) Interest Rate (%)
6.20%
MLR
1.50
Policy rate
1.38%
Fix Deposit Rate
Source : BOT
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
17
Loan demand in the system *Loan to Deposit ratio (%)
9,637
12,216
0.39%
-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
4Q
12
1Q
13
2Q
13
3Q
13
4Q
13
1Q
14
2Q
14
3Q
14
4Q
14
1Q
15
2Q
15
3Q
15
4Q
15
1Q
16
2Q
16
3Q
16
4Q
16
1Q
17
2Q
17
3Q
17
Oct
17
No
v17
Loan amount Loan growth THB million
10,000
12,836
39
0.7%
-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
4Q
12
1Q
13
2Q
13
3Q
13
4Q
13
1Q
14
2Q
14
3Q
14
4Q
14
1Q
15
2Q
15
3Q
15
4Q
15
1Q
16
2Q
16
3Q
16
4Q
16
1Q
17
2Q
17
3Q
17
Oct
17
No
v17
Deposits B/E Deposits & B/E growth
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
90.0
100.0
4Q
12
1Q
13
2Q
13
3Q
13
4Q
13
1Q
14
2Q
14
3Q
14
4Q
14
1Q
15
2Q
15
3Q
15
4Q
15
1Q
16
2Q
16
3Q
16
4Q
16
1Q
17
2Q
17
3Q
17
Oct
17
No
v17
95.2%
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
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
18
Loans Market Share in the Thai Banking System,
Large commercial banks command 78% of total banking system
78%
14%
8%
78%
14%
8%
Large bank Medium bank Small bank
2016
3Q17
Source : BOT
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
19
Deposits Market Share in the Thai Banking System,
Large commercial Banks command 79% of total banking system.
79%
14%
7%
79%
14%
7%
Large bank Medium bank Small bank
2016
3Q17
Source : BOT
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
20
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.
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.
Confidential Note: Data are unaudited as of December 31, 2017 (Consolidated)
21
Thank You