KBANK: cuts MRR rate for SMEs & individual customers by 25 to 6.62% from 6.87% following policy-rate cut by 25 bps yesterday to record low at 1%.
Comment: There go their NIMs, their ROEs etc etc
KKP: target FY loan growth within 7-9%, NPLs below 3.9%, 10 IB deals on hand to provide cushions.
Comment: They are working the big IPOs, next one is PTTOR
KTC: target 15% FY20 revenue growth driven by synergy from auto loan, consumer credits, card business and nano finance, target 350k new card subscribers from current 2.5m.
Comment: That would be impressive if they can achieve it…means bottom line would be 1.5x top line growth.
NOK: launch new route DMK-Koh Phayam to fill demand for fly and ferry service.
TEAMG: signs consultancy contract for design review & construction of Biotherapeutic research Center, Chulabhorn Institution, worth Bt 23m.