SCB Trades Size for Relevance
The Laggard. Although we have not lost a dime investing in SCB thus far, it is fair to say that the stock has underperformed most of the large Thai...
351 Views
SCB Mounts a White Knight Rescue for Pace
After telling PACE not to sell Dean & Deluca to CENTEL, SCB mounts a surprisingly bold rescue mission for PACE. Initially, they will buy some...
332 Views
Hong Kong Banks – Interest Rate Shock
Banks in Hong Kong have some of the lowest levels of loan loss reserves (LLR) compared with loans and also their loan loss provision (LLP) expenses...
280 Views
The Week that Was in ASEAN@Smartkarma - Thailand, Tourism, and Competitiveness
I include below a brief summary of this week's eclectic mix of equity bottom up and top down and thematic insights across ASEAN@Smartkarma. For a...
334 Views
HDFC Bank - Risk Uncovered
Without repeating the implications of IFRS 9, which we highlight in two recent notes, save to say that banks with low allowance for loan losses...
345 Views