, Thailand

Kasikornbank 1Q15 earnings jump 4% YoY to THB12.4b

Thanks to strong fee and trading income.

Thailand-based Kasikornbank's earnings were THB12.4b (+4% YoY, 24% QoQ) in 1Q15, accounting
for 25% of our full-year forecast.

According to a research note from Maybank Kim Eng, loans grew 1.4% QoQ, in line with deposit growth of 1.5% QoQ. Most items in P/L were in line with Maybank Kim Eng's forecast.

Non-interest income beat Maybank Kim Eng's forecast by 4% due to strong fee income growth (on mutual funds and loan-related fees) and dividend income (+63% YoY) and Forex gain (+16%).

Here's more from Maybank Kim Eng:

NII fell 4% QoQ due to lower NIM of 3.67% (3.85% in 4Q14) on the interest rate cut.

On the cost side, OPEX grew 16% YoY and cost-to-income ratio increased to 42.5% from 40% in 1Q14.

Asset quality wise, net NPLs increased by 5.5% to THB38b or 2.46% of total loans.

NPL write-off, special mention loans and restructured loans dropped slightly in 1Q15.

NPL coverage ratio fell insignificantly to 140% in 1Q14.
 

Pembekuan pendanaan menghantam penyedia layanan BNPL

Investor semakin sedikit mengalirkan dana ke penyedia layanan BNPL yang sudah menghadapi keuntungan margin yang tipis.

HSBC: Aliansi bank-fintech merupakan win-win

Pemberi pinjaman dapat belajar dari teknologi disruptif sambil membantu mereka mematuhi regulasi.

Tokenisasi aset perdagangan untuk menjembatani kesenjangan pembiayaan

Teknologi blockchain dapat mendesentralisasikan operasi keuangan dan mempermudah akses kredit.

BCA menjalankan komitmen terhadap keuangan berkelanjutan

Bank asal Indonesia ini mempertimbangkan aspek lingkungan dan tata kelola dalam keputusan pemberian pinjaman.

Mengapa UNOBank mendorong embedded finance tumbuh di Filipina

Bagi UNOBank, banking interface terpadu adalah strategi pertumbuhan sekaligus upaya inklusi keuangan.

OCBC mencoba mengurangi kesenjangan manfaat bagi agen properti di Singapura

Produk terbarunya menawarkan manfaat finansial di bidang perbankan, asuransi, dan perdagangan.

Upaya Malaysia menjadi anggota BRICS untuk mendorong perombakan sistem perbankan

Namun, tantangan muncul ketika menjauh dari ketergantungan pada AS dan SWIFT.

Platform pembayaran PingPong memperoleh lisensi PJP di Indonesia

PingPong mengincar ekspansi ke pasar ekspor senilai $320 miliar di negara tersebut.

Merger dan penutupan mengancam 3.800 bank di area pedesaan Cina

Sekitar 70 bank di area tersebut telah merger sejak 2023.