120 Net Interest Income For the Year 2021 VS 2020 2021 2020 2019 +/(-) Percent Interest Income Interbank and Money Market Items - Deposits at Financial Institutions 81 150 148 (69) (46.00) Financial Assets Measured at Fair Value through Profit or Loss 27 83 - (56) (67.47) Investments and Trading Transactions - - 121 - - Investments in Debt Securities Measured at Amortized Cost 1 2 - (1) (50.00) Investments in Debt Securities Measured at Fair Value through Other Comprehensive Income 115 234 - (119) (50.85) Investments in Debt Securities - - 281 - - Loans to Customers 372 228 250 144 63.16 Hire Purchase and Financial Lease 3,430 3,516 3,539 (86) (2.45) Total Interest Income 4,026 4,213 4,339 (187) (4.44) Interest Expenses Interbank and Money Market Items - Borrowings from Financial Institutions 255 216 363 39 18.06 Debts Issued and Borrowings 1,071 1,373 1,222 (302) (22.00) Borrowings Cost 16 19 14 (3) (15.79) Others 13 12 - 1 8.33 Total Interest Expenses 1,355 1,620 1,599 (265) (16.36) Net Interest Income 2,671 2,593 2,740 78 3.01 (Unit: Million Baht) Net Interest Income In 2021, the Company and its subsidiaries had 2,671 million baht in net interest income, an increase of 78 million baht or 3.01 percent from the previous year. Interest income was 4,026 million baht, a decrease of 187 million baht or 4.44 percent. This was mainly due to the decrease in interest income on deposits at financial institutions and interest income on investments in debt securities from the reduction of the rate of return which was in line with the market condition and the reduction of investment portfolio. Meanwhile, interest income on margin loans and asset-financing loans increased. Interest expenses were 1,355 million baht, a decrease of 265 million baht or 16.36 percent. This was a result of the proper cost of fund management to be in line with the declining market interest rate.
RkJQdWJsaXNoZXIy ODEyMzQ3