Tuesday, 17 September 2013

Banks in Thailand: Best Stock Picks




Thailand attracts 2.5 million migrant workers from neighboring countries. it has a well-developed infrastructure, a free-enterprise economy and strong export industry from which the country achieved steady growth largely to industrial and agriculture exports. The country’s economy has weathered internal and external economic shocks in past few years. Here are five หุ้นเงินปันผลสูงในประเทศไทย stocks which can make your portfolio more attractive.
TISCO Financial Group PCL (BKK: TISCO)
It is a Thailand-based holding company which is mainly engaged in the financial and banking businesses. The company operates in two main segments: Commercial banking business and Securities business. It provides banking services, personal loan service, corporate lending service, life and non-life insurance brokerage service. The company’s subsidiaries are TISCO Bank Public Company Limited, TISCO Securities Company Limited, TISCO Asset Management Company Limited, Hi-Way Company Limited, TISCO Information Company Limited and others.
The company has a market capitalization of 32.03 Billion, EPS is 5.85, P/E ratio is 6.84 and the dividend yield is 6.00% at the annual dividend payout of 2.40.
Siam Commercial Bank PCL (BKK: SCB)
It is engaged in banking business in Thailand. The company’s business groups include Wholesale Banking Group, the Business Banking Group, the Retail Banking Group and the Special Business Groups. Its financial services include retail services, which consist of home loans, personal credit, car hire purchase, credit cards, automatic teller machine (ATM) cards, debit cards, currency exchange facilities overseas remittances, as well as investment and banc assurance products. On August 15, 2013 the company divested all its shares in Phoenix land Development Company Limited.
It has a market capitalization of 527.75 Billion, EPS is 13.27, P/E ratio is 11.72 and the dividend yield is 3.22% at the annual dividend payout of 1.50.
Kiatnakin Bank PCL (Parent) (BKK: KKP)
It is a commercial bank based in Thailand. It offers depository services which include priority banking services, deposit products and life insurance products and loan services including retail loans and corporate loans. The bank also provides different types of accounts such as saving account, current account and fixed deposit account. Its subsidiaries include Kiatnakin Securities Co., Ltd., Kiatnakin Fund Management Co., Ltd., and Erawan Law Office Co., Phatra Capital Co., Ltd and others.
It has a market capitalization of 36.57 Billion, EPS is 5.48, P/E ratio is 7.98 and the dividend yield is 5.49% at the annual dividend payout of 1.00.
Krung Thai bank PCL (BKK: KTB)
The bank is engaged in providing services throughout the country and in overseas markets, including Laos, China, the United States and others. It provides debit and credit services, cash management, international trade, foreign exchanges and forward exchange services, money transfer services, commercial loan, personal loan, trade finance, debt management, arranging and underwrite securities, life and non-life insurance, hire purchase and leasing and others. On December 26, 2012 it divested whole shares of Krungthai-AXA Life Insurance PCL and Krungthai panich Insurance PCL.
It has a market capitalization of 278.23 Billion, EPS is 1.90, P/E ratio is 10.47 and the dividend yield is 3.91% at the annual dividend payout of 0.44.
Bank of Ayudhya Public Company Limited (BKK: BAY)
It offers a range of financial products and services to corporate, small and medium-sized enterprise (SME), and individual customers. the bank is also involved in providing financial services via its subsidiaries which include credit cards, life and non-life insurance, asset management, securities trading, auto hire purchase, equipment leasing, factoring, microfinance, and installment loans.  On July 24, 2013 it completed business transfer of its subsidiary Ayudhya Card Services Company Limited, to Krungrisayudhya Card Company Limited and Ayudhya Card Services Co., Ltd was dissolved.
It has a market capitalization of 267.62 Billion, EPS is 2.40, P/E ratio is 15.73 and the dividend yield is 2.12% at the annual dividend payout of 0.40.


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