Post by account_disabled on Dec 27, 2023 10:41:31 GMT
Kiatnakin Phatra Financial Business Group-KKP" aims to expand loan portfolio 7-9% and control debt quality. amidst the economic slowdown Revealing the second half of 2019, real estate, SME, and retail loans grew in almost all types. The capital market is still strong. Relies on various business models Maintain income in volatile market conditions Securities brokerage business is the number one market share in Wealth Management business and fund management business. Received additional investment from customers, resulting in a total of 600 billion baht of AUA (Asset Under Advice) as a result of a variety of products and overseas investment services, helping to answer the needs of investors during a period of the sluggish Thai stock market. While the Phatra Securities research team It is believed that GDP growth will decrease from 2.8% to 2.2% due to the coronavirus, drought and delays in the budget act. Mr. Apinan Kleawpatinont Chief Executive Officer Kiatnakin Phatra Financial Group (Mr. Aphinant Klewpatinond, Chief Executive Officer, Kiatnakin Phatra Financial Group) revealed that “In the past year 2019, there were many external factors that caused the economy to fluctuate, such as the trade war between China and the United States.
the operating results of the business group It is considered to be at a satisfactory level. Especially when considering net profits. (and comprehensive income that includes results from measuring the value of available-for-sale securities of the capital market business) because the capital market business Many sectors benefit from market volatility. Such as the investment business of the Equity and Derivatives Trading division. In addition, other parts of the capital market business also performed well, such as the securities brokerage business for institutional clients, where Phatra Securities dominates the market share. Ranked #1 in the past year Investment banking business with many large transactions such as AWC and the Wealth Management business and the fund management business. Currently, there are assets under advice or management (Asset Under Advice: AUA) totaling 600 billion baht and has grown from the previous year WhatsApp Number List by approximately 100 billion baht due to success in developing a variety of products. Whether it is investment services abroad Various forms of derivative bonds or even assets outside the market (Private Markets) to meet the needs of customers in an environment where the Thai stock market gives low returns."state business loans. SME business loans and almost all types of small loans Except for car hire purchase loans, which shrank in 2019 according to the bank's risk diversification strategy. and corporate loans The debt was repaid in the last quarter of 2019. Moreover, it is a result of the development of the credit screening and debt tracking system. It also allows banks to control loan quality more effectively. and reduced the ratio of non-performing loans to total loans from 4.1 percent at the end of 2018 to 4.0 percent at the end of 2019. This is due to the growth in the quality of loans during the recent economic slowdown. This makes the bank believe that despite many challenging economic factors, But under the internal operating system that has been developed This will continue to affect the bank's loans to grow in the range of 7-9 percent for 2020." Mr. Preecha Techarungchaikul.
Chairman of Finance and Budgeting and Chairman of Financial Markets Kiatnakin Bank Public Company Limited (Mr. Preecha Techarungchaikul, Head of Finance and Budgeting/Head of Financial Markets, Kiatnakin Bank Plc.) provides details of operating results for the 4th quarter of 2019 compared to the 4th quarter of 2018. that "The business group's net profit, excluding minority shareholders' equity, was 1,680 million baht, an increase of 17.7 percent from the same period of 2018, which is the net profit of the capital market business. which was operated by Phatra Capital Public Company Limited and its subsidiaries, amounting to 310 million baht, with net interest income of 3,118 million baht, an increase of 5.6 percent from the same period last year. Net fee and service income was 1,250 million baht, a decrease of 4.8 percent from the same period last year. and other income of 642 million baht, totaling operating income of 5,010 million baht, an increase of 1.6 percent from the same period of 2018. As for the bank's loans for 2019, there was an expansion of 4.2 percent from the end of 2018. It comes from expansion in Real estate business loans SME business loans and almost all types of retail loans, except for car hire purchase loans, which contracted in 2019 in terms of loan quality. The ratio of non-performing loans to total loans at the end of 2019 was 4.0 percent, decreased from the end of 2018 at 4.1 percent. As of 31 December 2019, the Bank has a capital adequacy ratio (BIS Ratio) calculated according to the criteria. Basel III, which includes profits after deducting dividends paid in the first half of 2019, is at 16.60 percent, with Tier 1 capital equal to 12.88 percent. But if you include profits up to the end of the 4th quarter of 2019 after deducting dividends paid in the first half of 2019, the capital ratio Fund to risk-weighted assets is equal to 17.83 percent and Tier 1 capital is equal to 14.11 percent.” For assessing the economic situation in 2020, Dr. Pipat Luengnaruemitchai Assistant Managing Director Chief Economist and Head of Economic and Investment Analysis Phatra Securities Public Company Limited (Dr. Pipat Luengnaruemitchai, Assistant Managing Director, Chief Economist and Co-Head of CIO office, Phatra Securities Plc.) gave the following views:
the operating results of the business group It is considered to be at a satisfactory level. Especially when considering net profits. (and comprehensive income that includes results from measuring the value of available-for-sale securities of the capital market business) because the capital market business Many sectors benefit from market volatility. Such as the investment business of the Equity and Derivatives Trading division. In addition, other parts of the capital market business also performed well, such as the securities brokerage business for institutional clients, where Phatra Securities dominates the market share. Ranked #1 in the past year Investment banking business with many large transactions such as AWC and the Wealth Management business and the fund management business. Currently, there are assets under advice or management (Asset Under Advice: AUA) totaling 600 billion baht and has grown from the previous year WhatsApp Number List by approximately 100 billion baht due to success in developing a variety of products. Whether it is investment services abroad Various forms of derivative bonds or even assets outside the market (Private Markets) to meet the needs of customers in an environment where the Thai stock market gives low returns."state business loans. SME business loans and almost all types of small loans Except for car hire purchase loans, which shrank in 2019 according to the bank's risk diversification strategy. and corporate loans The debt was repaid in the last quarter of 2019. Moreover, it is a result of the development of the credit screening and debt tracking system. It also allows banks to control loan quality more effectively. and reduced the ratio of non-performing loans to total loans from 4.1 percent at the end of 2018 to 4.0 percent at the end of 2019. This is due to the growth in the quality of loans during the recent economic slowdown. This makes the bank believe that despite many challenging economic factors, But under the internal operating system that has been developed This will continue to affect the bank's loans to grow in the range of 7-9 percent for 2020." Mr. Preecha Techarungchaikul.
Chairman of Finance and Budgeting and Chairman of Financial Markets Kiatnakin Bank Public Company Limited (Mr. Preecha Techarungchaikul, Head of Finance and Budgeting/Head of Financial Markets, Kiatnakin Bank Plc.) provides details of operating results for the 4th quarter of 2019 compared to the 4th quarter of 2018. that "The business group's net profit, excluding minority shareholders' equity, was 1,680 million baht, an increase of 17.7 percent from the same period of 2018, which is the net profit of the capital market business. which was operated by Phatra Capital Public Company Limited and its subsidiaries, amounting to 310 million baht, with net interest income of 3,118 million baht, an increase of 5.6 percent from the same period last year. Net fee and service income was 1,250 million baht, a decrease of 4.8 percent from the same period last year. and other income of 642 million baht, totaling operating income of 5,010 million baht, an increase of 1.6 percent from the same period of 2018. As for the bank's loans for 2019, there was an expansion of 4.2 percent from the end of 2018. It comes from expansion in Real estate business loans SME business loans and almost all types of retail loans, except for car hire purchase loans, which contracted in 2019 in terms of loan quality. The ratio of non-performing loans to total loans at the end of 2019 was 4.0 percent, decreased from the end of 2018 at 4.1 percent. As of 31 December 2019, the Bank has a capital adequacy ratio (BIS Ratio) calculated according to the criteria. Basel III, which includes profits after deducting dividends paid in the first half of 2019, is at 16.60 percent, with Tier 1 capital equal to 12.88 percent. But if you include profits up to the end of the 4th quarter of 2019 after deducting dividends paid in the first half of 2019, the capital ratio Fund to risk-weighted assets is equal to 17.83 percent and Tier 1 capital is equal to 14.11 percent.” For assessing the economic situation in 2020, Dr. Pipat Luengnaruemitchai Assistant Managing Director Chief Economist and Head of Economic and Investment Analysis Phatra Securities Public Company Limited (Dr. Pipat Luengnaruemitchai, Assistant Managing Director, Chief Economist and Co-Head of CIO office, Phatra Securities Plc.) gave the following views: