TMBThanachart Bank Public Company Limited Stage 3 loans/Non-performing loans (NPLs) and NPL ratio, excluded accrued interest receivables: According to the new accounting standard under TFRS9 which implemented on 1 January 2020, non-performing loans is classified as stage 3 loans. The Bank has put priority on asset quality monitoring and continued to manage NPLs with prudence. As of 31 December 2021, Stage 3 loans (NPLs), excluded accrued interest receivables on consolidated basis, was reported at THB42,121 million which increased from THB39,594 million as of 31 December 2020. Stage 3 loans (NPLs) on bank-only basis amounted to THB41,369 million, increased from THB22,005 million at the end of 2020. However, the Bank will proactively manage flow to stage 3 and continued to resolve stage 3 loans through sales, write-offs and the pre-emptive debt restructuring to maintain NPL ratio at relatively low level in preparation for the unforeseen headwinds in the future. In terms of loan breakdown by customer segments, the loan portfolio has diversified and shifted to retail segment since the merger. As of 31 December 2021, retail loans accounted for 56% while corporate loans were 36% and small SMEs were 8% of total portfolio. In terms of key products, 29% of total loan was hire purchase; followed by mortgage of 23%, term loan of 20%, working capital (OD) of 17%, trade finance of 6%, personal loan & credit card of 4% and others 1%. For hire purchase loan as of 31 December 2021, the portfolio consisted of new car 69%, used car 17%, cash your car (CYC) 14%, cash your book (CYB) of 0.1% respectively. 69% New Car 17% Used Car 14% Cash Your Car (CYC) 0.1% Cash your Book (CYB) Figure 11: Hire purchase portfolio breakdown Note: Consolidated financial statements 136
RkJQdWJsaXNoZXIy ODEyMzQ3