Top Five Thai Banks in Our Chart Screener; Kasikorn Bank (KBANK TB) Is Top
Thai banks have healthy credit quality, NPL coverage & sound capital adequacy ratios, also positive cost of risk trends support the outlook for...
206 Views
TTB: Focusing on Quality Growth
We reiterate our BUY rating with a target price at Bt1.60. Our BUY call reflects (1) steady growth ahead; (2) adequate reserves against new NPLs,...
165 Views
Bangkok Bank – Positive Credit Turn
BANGKOK BANK: BBL reported 4Q21 bottom-line results of THB 6.3 bn, declining 8.6% QOQ, driven by costs. BBL’s net new NPLs were negative and...
218 Views
The Week That Was in ASEAN@Smartkarma - Grab Expands, Alfamart, and Mapletree Mega-Merger
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
306 Views
TTB: Gearing up for Growth
We initiate our coverage of TTB with a BUY rating and a target price of Bt1.60. Our valuation is derived from the Gordon growth model (ROE 6.5%,...
329 Views