Post by account_disabled on Jan 8, 2024 13:24:50 GMT 10
Krung Thai Bank's operating results for the second quarter showed a net profit attributable to the bank of 8,170 million baht, an increase of 6 percent. For the first half of the year, There was a net profit attributable to the bank of 15,471 million baht, an increase of 6.7 percent, resulting from loans that continued to expand. In the first half of 2019, NIM excluding income from the auction of mortgage collateral assets in the first quarter. /2019 increased from the same period last year, including the Coverage Ratio of the consolidated financial statements as of 30 June 2019 increased to 132.83 percent from the end of 2018, Mr. Phayong Sriwanit, President Krung Thai Bank reveals operating results for the second quarter of 2019. The bank and its subsidiaries have net profits. Attributable to the bank was 8,170 million baht, an increase of 6 percent, with increased profits resulting from continued loan expansion. Meanwhile, the net return on income-producing assets (NIM) increased to 3.24 percent from 3.10 percent in the same quarter last year.
from a reduction in financial costs In the first half of 2019, the Bank and its subsidiaries Industry Email List had a net profit attributable to the Bank of 15,471 million baht An increase of 6.7 percent from the same period last year. With total operating income of 63,635 million baht, an increase of 8 percent from the same period last year. Loans expanded 2 percent from the end of last year. Both large business loans and small business loans Personal loans and housing loans Net interest income increased 12.4 percent from the auction of mortgage-backed assets in the first quarter of the year. NIM, excluding income from the auction of mortgage-backed assets, was 3.24 percent, compared to the same period last year at 100 percent. 3.09 each. Other operating income grew 5.5 percent from sales of foreclosed properties and net profits from investments. Net non-interest income decreased by 2.3 percent, with net fees and service income decreasing due to the exemption of fees for small money transfers via digital channels and fees. Reduced Bancassurance, operating costs Work increased 15.7 percent from the reserve for impairment of foreclosed properties according to the holding period criteria of the Bank of Thailand since the last quarter. The expense to income ratio was 46.76 percent, increased from 43.64 percent in the same period of 2018. Mr. Phayong Sriwanit further said that From the policy of setting allowance for bad debts and doubtful debts according to the principle of caution.
The Bank gradually increased the level of the ratio of allowance for doubtful accounts to non-performing loans (Coverage Ratio) as of 30 June 2019 to 132.83 percent (consolidated financial statements), increasing from 125.74 percent as of 31 December 2018, with NPLs Ratio-Gross equal to 100. of 4.68 each and has an NPLs Ratio-Net of 1.93. The Bank has a Tier 1 capital ratio and a risk-weighted total capital to assets ratio. equal to 14.34 percent and 18.14 percent, respectively, which are at a strong level Compared with the criteria of the Bank of Thailand , the Bank has entered into a joint venture with Krungthai Card Public Company Limited to establish KTC Nano Company Limited and KTC Pico (Bangkok) Company Limited to expand retail loan services. Currently, it is in the process of applying for permission to operate a microfinance business with the relevant regulatory agencies. About preecha binmanoch Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of templatesyard is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog.
from a reduction in financial costs In the first half of 2019, the Bank and its subsidiaries Industry Email List had a net profit attributable to the Bank of 15,471 million baht An increase of 6.7 percent from the same period last year. With total operating income of 63,635 million baht, an increase of 8 percent from the same period last year. Loans expanded 2 percent from the end of last year. Both large business loans and small business loans Personal loans and housing loans Net interest income increased 12.4 percent from the auction of mortgage-backed assets in the first quarter of the year. NIM, excluding income from the auction of mortgage-backed assets, was 3.24 percent, compared to the same period last year at 100 percent. 3.09 each. Other operating income grew 5.5 percent from sales of foreclosed properties and net profits from investments. Net non-interest income decreased by 2.3 percent, with net fees and service income decreasing due to the exemption of fees for small money transfers via digital channels and fees. Reduced Bancassurance, operating costs Work increased 15.7 percent from the reserve for impairment of foreclosed properties according to the holding period criteria of the Bank of Thailand since the last quarter. The expense to income ratio was 46.76 percent, increased from 43.64 percent in the same period of 2018. Mr. Phayong Sriwanit further said that From the policy of setting allowance for bad debts and doubtful debts according to the principle of caution.
The Bank gradually increased the level of the ratio of allowance for doubtful accounts to non-performing loans (Coverage Ratio) as of 30 June 2019 to 132.83 percent (consolidated financial statements), increasing from 125.74 percent as of 31 December 2018, with NPLs Ratio-Gross equal to 100. of 4.68 each and has an NPLs Ratio-Net of 1.93. The Bank has a Tier 1 capital ratio and a risk-weighted total capital to assets ratio. equal to 14.34 percent and 18.14 percent, respectively, which are at a strong level Compared with the criteria of the Bank of Thailand , the Bank has entered into a joint venture with Krungthai Card Public Company Limited to establish KTC Nano Company Limited and KTC Pico (Bangkok) Company Limited to expand retail loan services. Currently, it is in the process of applying for permission to operate a microfinance business with the relevant regulatory agencies. About preecha binmanoch Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of templatesyard is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog.