Refine by region/country
Latest articles in Financials
Equity Analysis / Thailand

Profit forecast upgrades!

2020 debtstock acquisition growth assumption upped to 53%. Good debt-tracking & collection numbers. Possible acquisitions would boost growth profile.
Bualuang Securities Suwat Bumrungchatudom
Suwat Bumrungchatudom @ Bualuang Securities 29 September 2020
Flash Report / Uganda

Uganda: Restructured and non-performing loans rise steeply

Bank of Uganda has released statistics showing that the banking industry restructured c30.6% of loans in the three months to end-June. Stanbic Uganda is fairing better than the industry overall, with management noting the bank had restructured 14% of...
Tellimer Research Faith Mwangi
Faith Mwangi @ Tellimer Research 25 September 2020
Uganda banks: Restructured loans hit 30.6%, NPLs rise to 5.8%
Uganda banks: Restructured loans hit 30.6%, NPLs rise to 5.8%
Equity Analysis / Thailand

Thailand (Bualuang) Bank: Bank coverage loans flat MoM in Aug

Our Bank coverage’s aggregate August net-lending was flat MoM at Bt10.76trn, due to tighter loan approval standards among banks. BBL, TMB, and BAY posted the deepest MoM net-lending contractions of 1.4%, 1.0%, and 0.9%, respectively. In contrast, KKP...
Bualuang Securities Suwat Bumrungchatudom
Suwat Bumrungchatudom @ Bualuang Securities 23 September 2020
Strategy Note / Global

EM digital payments infrastructure: Six companies spearheading the charge

We have previously highlighted the importance of payments infrastructure in accelerating e-commerce in emerging markets and the strong growth that some of these payment infrastructures companies are seeing. In 2020, the company targets solid revenue...
Tellimer Research Rahul Shah
Rahul Shah @ Tellimer Research 17 September 2020
EM digital payments infrastructure: Six companies spearheading the charge
EM digital payments infrastructure: Six companies spearheading the charge
Flash Report / Nigeria

Nigeria’s SEC steps in to oversee the country’s crypto boom

In a push to protect investors’ interests and maintain the integrity of financial markets, Nigeria has joined the list of countries governing the activities of digital assets, such as crypto-token and crypto-coin investments. For the 12 months up to...
Tellimer Research Busola Jeje
Busola Jeje @ Tellimer Research 16 September 2020
Nigeria’s SEC steps in to oversee the country’s crypto boom
Nigeria’s SEC steps in to oversee the country’s crypto boom
Equity Analysis / Thailand

Recovery play; high dividend yields

We expect net interest income (NII) to rise 5% YoY in 2020, driven by expansion of the car-for-cash loan biz (a yield of above 24%) and lower funding costs, due to lower deposit rates (in tandem with the BOT’s policy interest rate cut) and a decline...
Bualuang Securities Suwat Bumrungchatudom
Suwat Bumrungchatudom @ Bualuang Securities 16 September 2020