Phillip Securities’ Stock Dimension-TTB Predicts 21% YoY Growth in Q1/67 Profit, Despite Shrinkage in Loans
Phillip Securities’ Stock Dimension-TTB expects Q1/67 profit to be 5.2 billion baht, growing 21% YoY, although loans will shrink. But the rise in interest rates still causes interest income to increase. In addition, tax benefits will be an important factor, making it expected that profits will increase. and is expected to increase by 7%QoQ from […]
Stock Dimension foresees growth in loans and insurance premiums for 2024: Analysts recommend ‘Buy’ with a target price of 26.30 baht/share
Stock Dimension – TIDLOR by Trinity Securities Noting that, in the forecast for 2024, the company has set a target for loans and insurance premiums to grow by 10-20%, control NPL to 1.4-1.8% (from 1.45% in 2023) and credit costs to 3-3.35% (from 3.48% in 2023). ) In addition, it still aims to open 100 […]
Analysis of Kasikorn Bank’s Financial Performance in 2023: ECL, Expenses, and Asset Quality Management
The expected credit loss (ECL) in 2023 is 51,840 million baht, which is still a high amount similar to last year. Given the principle of constant care in order to strengthen and support uncertainties that may arise from the global economic situation and to care for and help improve the potential of business operations for […]
Government Savings Bank Initiates Measures to Help 630,000 Covid Loan Debtors out of NPL Status
Government Savings Bank accepts government policy to take 630,000 Covid loan debtors out of NPL from 6 January 2024 onwards. According to the government’s measures to push forward the solution of debt problems to help the people, led by Mr Settha Thavisin, the Prime Minister and the Minister of Finance. Establish a system-wide debt resolution […]
JMT Network Services Public Company Limited Anticipates Continued Growth in 2024
JMT or JMT Network Services Public Company Limited by “Sutthirak Traichiraaporn”, CEO of JMT, revealed that the company is confident that its performance in 2024 will continue to grow from 2023, with the company planning to buy bad debts in continuously increasing In the last year, a credit line of about 10 billion baht was […]
Muang Thai Capital (MTC) Expects Profit Expansion and Bond Sales Raise 1.8 Billion Baht
Stock Dimension – MTC Earnings bottom out The broker raised this year’s profit target and raised the target price to 48 baht. Currently, all the bonds are being sold, raising 1.8 billion baht. MTC or Muang Thai Capital Public Company Limited by Dao Securities (Thailand) said they expect Q4/66 profit to expand from higher loans. […]
Profit Stability and Excellent Dividends Expected from TISCO
Stock Dimension – TISCO: A Look at 2023 Performance and Financial Forecast TISCO Financial Group Public Company Limited, as reported by Dao Securities (Thailand), is expected to maintain stable profit trends in the fourth quarter of 2023, both year-on-year and quarter-on-quarter, despite rising interest costs. The company has recorded a profit of 7.4 billion baht […]
Government Savings Bank Implements “Principal-Interest Reduction-No Interest” Measures to Assist Debtors in COVID-19 Crisis
The Government Savings Bank Assists Debtors with Principal-Interest Reduction Measures In a bid to provide relief to debtors during the ongoing COVID-19 crisis, the Government Savings Bank is implementing measures to reduce principal and interest, including a no-interest option. Under this initiative, debtors can start repayment with as little as 100 baht per month. Supporting […]
COVID Injects Poison into Household Debt: Credit Bureau Data Reveals High NPL in Low-Income Households Across 20 States
BOT Exposes Shocking Revelation: COVID Injects Toxicity into the Economy by Pushing Up Bad Debts In a startling report released by the Bank of Thailand (BOT), it has been revealed that the burgeoning crisis of household debt is acting as a major hindrance to the Thai economy. The latest data shows that in Q3/2022, the […]
The new delinquency rate of the big 5 banks more than doubled in a year
May delinquency rate 0.33%… robustness declined Increase in marginal borrowers due to high interest rates and economic slowdown Advertisement for loans attached to a bank in downtown Seoul. (Photo = Yonhap News) [서울파이낸스 김현경 기자] An increasing number of marginal borrowers are having difficulty repaying loans following high interest rates and the economic slowdown. The […]
