KTC info (from Q1'57 statement & Opp day)

KTC info (from Q1'57 statement & Opp day)

- D/E decrease to 6.6 times
- Coverage ratio as of Q1'57 = 310% (3.1 times to NPL), Highest in Industry
                                   Q4'56 = 293%

- NPL of Credit card business = 2.2% (reduced from Q4'56 = 3%)
- NPL of Personal Loan business = 1.4% (reduced from Q4'56 = 2.7%)

- Q2'57 not yet see sign of spending reduce

- Q3'57 prepare to launch a lot of promotion

- No. of Credit card increase 6x,xxx cards (Plan to increase 100,000 card per 4 month)
- No. of Personal Loan Account increase around 12,000 accounts

- Confirm Net Profit of 2014 >= 1,300 MB (EPS = 5 baht per share)
- Very conservative number for this 1300 MB net profit. (Achieve very easy)

- But 15% spending growth still be tough
        - Jan to Feb ==> Very Low (no growth)
        - Mar ==> Achieve Target
        - Apr ==> same as Mar
        - May ==> Drop from Apr

- Have a lot more corporate with KTB, especially using branch of KTB for KTC payment

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