Kasikornbank’s Inaugural AT1 – Underweight on Franchise Challenges and Valuation
Underweight Kasikornbank’s inaugural Additional Tier 1 bond on franchise challenges and valuation. The bank's SME emphasis may extend its recovery...
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Bank Credit Weekly: Risk-On as US Election and Stimulus Outlooks Sharpen
A concise must-read on US$-risk sentiment derived from equity markets, rates, issuance, dollar levels and capital flows to frame near term Asia...
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Thai Bank Capital and Chronic COVID-19 Sensitivity
Jump to default risk may eventually increase at Thailand-headquartered banks if COVID-19 loan relief decay becomes chronic. We would like to hope...
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Thai Bank Capital Constraints, Debt Capital Issuance Needs, and Potential Impacts
Capital constraints at Thailand-headquartered banks are not Common Equity Tier 1 driven and they vary from bank to bank, unlike most banks...
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The NEW Week that Was in ASEAN@Smartkarma - Thailand'sToursim Dilemma, Thai Banks, and Wilmar's Stub
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable insights from across South...
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