KTB Records a 27% Growth in 2018 with ฿28.4bln. of Profit, Supporting by Loan Growth

In 2018, KTB’s net profit was ฿28,491 million, increased 26.97% YoY, mainly due to loan growth of 4.4% YoY.


Krung Thai Bank Public Company Limited (KTB) has announced its consolidated financial statement yearly 2018 through the Stock Exchange of Thailand as follows:

In 2018, KTB’s net profit was ฿28,491 million, or a growth of 27.0% YoY. Such net profit resulted from a loan growth of 4.4% YoY, which derived from the continual growth of retail loans (both housing and personal loans), from an organic growth in government and state enterprise sectors and from the gradual loan growth of SMEs and private corporate sectors since the second half of the 2018.

The NPLs Ratio-Gross stood at 4.52%, increasing from 4.19% and the NPL Ratio-Net was 1.94%, increased from 1.77% as at end of 2017, due to the escalation of SMEs sectors in some industries, together with the strengthening qualitative assessment on NPL .

Comparing 4Q2018 to the same period of last year, KTB’s net profit was ฿6,159 million, a growth of 28.1% due to continual loan growth with an increase of Net Interest Margin (NIM) from 3.21% in 4Q2017 to 3.23%.

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