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

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

Because Of 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 high base impact of income attained from product sales of securities, and a slowdown into the insurance coverage company.

The non-performing loan ratio is expected to rise to between 3.6 and 4 per cent amid the economic slowdown at the same time. Read more