Buoyed by merchants, KBank shoots for 4-6% jump in loans

Buoyed by merchants, KBank shoots for 4-6% jump in loans

By THE COUNTRY

SME credit is anticipated to grow 1-3 % and corporate loans 2-4 per cent.

Non-interest income is anticipated to fall 5-17 % as a consequence of the latest TFRS9 accounting standard, a higher base impact of income received from product sales of securities, and a slowdown within the insurance company.

At exactly the same time, the speedyloan.net/student-loans non-performing loan ratio is anticipated to increase to between 3.6 and 4 percent amid the financial slowdown.

KBank has fine-tuned techniques for NPL management by continuing to keep under its very own management the part which are likely to see an increased long-lasting data recovery price.Continue reading