04.09.

2013
Strong domestic momentum in 2012
even slowdown in export
Construction
Real estate
Building materials
Automobile
Retail trade
Hotel
Hospital
Growing domestic sectors
-15%
-10%
-5%
0%
5%
10%
15%
20%
25%
30%
35%
Jan 11 Apr 11 Jul 11 Oct 11 Jan 12 Apr 12 Jul 12 Oct 12
Others Manufacturing
Agriculture Total export YoY
Average 2005-2010
Slowdown in export value
2
%YoY
Dec 12
Avg.
2005-2010
13.8%
Dec 12
3 Key economic drivers for 2013-2015
1. CAPEX cycle continues with support
from public infrastructure projects
2. Cross-border investment rises
3. Business activity in provinces
increases

3
Thai GDP growth in 2013 at 4.0-4.5%
Annual GDP
Source: NESDB, Bank of Thailand
2.5
-2.3
7.8
0.1
6.4
-4
-2
0
2
4
6
8
10
2008 2009 2010 2011 2012 2013f
%YoY
4.0-4.5%
4
Private investment grows 4.0%
5
Private investment at constant prices
Source: Office of the National Economic and Social Development Board (NESDB)
Baht bn
+4.0%
+14.4%
1. CAPEX INVESTMENT CONTINUES
0
400
800
1,200
High CapU industries will expand quickest
6
1. CAPEX INVESTMENT CONTINUES
%
Weight
2000 2010 2011 2012 6M13*
Food & Beverages 16.6 56.2 56.7 58.6 54.5
Petroleum 8.0 59.9 71.9 78.0 71.4
Textile 10.2 52.8 44.1 41.1 42.3
Apparel 2.4 62.0 48.0 45.4 40.3
HDD 5.5 81.0 67.2
61.4 61.7
IC
4.1 78.4 68.3 54.2 55.3
Auto & Auto parts 12.4 80.9 62.9 99.7 105.5
Cement & Construction 4.5 64.5 64.2 70.6 74.3
Chemical 6.9 82.4 78.7 87.5 83.9
Rubber & Plastic 6.9 64.9 65.2 66.9 69.9
Electronic Appliances 2.2 67.9 68.1 75.1 77.9
CAPU 100.0 63.2 58.7 65.4 67.0
Note: *6M13 is averaged number at the month-end during January-June 2013
Source: The Office of Industrial Economics, Bank of Thailand
Business confidence at 56.2
Source: Bank of Thailand
40
45
50
55
60
Jul -13
56.2
7
2009 : Global crisis
Index
2011: Flood
1. CAPEX INVESTMENT CONTINUES
Baht 2.2 trillion public investment
Energy
Telecommunication
Public utilities
Air transport
Marine transport
Land transport
1. INVESTMENT IN INFRASTRUCTURE GROWS
65%
35%
8
Source: Report on Investment Plan for Transport sector (Year 2013-2020), Office of Transport
Public investment plan-Peak in 2017
9
Baht bn
1. INVESTMENT IN INFRASTRUCTURE GROWS
Source: Report on Investment Plan for Transport sector (Year 2013-2020), Office of Transport
110
220
330
374
440
396
264
66
0
100
200
300
400
500
2013 2014 2015 2016 2017 2018 2019 2020
Source of funds for Baht 2.2 trillion
10
69%
14%
9%
8%
Government and SOE
borrowing
PPP
Budget
SOE revenues
Source: Public Debt Management Office : Infrastructure Development and Investment Plan for Thailand 2012-2016
Dr. Chadchart Sittipunt, Minister of Transport, presentation at Grosvenor House, London on 13 November 2012
1. INVESTMENT IN INFRASTRUCTURE GROWS
BOI* applications up 47%
11
Value of BOI applications (Baht mn)
Note: *BOI refers to Board of Investment of Thailand. BOI is an agency set up by the government to provide investment
incentives to foreign or local investors that invest in promoted or priority activities.
Source: Thailand Board of Investment
1. CAPEX INVESTMENT CONTINUES
2011
634,200
+133%
6M12
429,200
6M13
632,700
+47%
2012
1,479,000
10 industries to be promoted by BOI*
in 2013-2017
Basic
infrastructur
e and
logistics
Basic
industry
Medical
devices and
scientific
equipment
Alternative
energy and
environmental
services
Services that
support
industrial
sector
Advanced core
technologies
Food and
agricultural
processing
Hospitality
and wellness
Automotive
and other
transport
equipment
Electric and
electrical
appliances
12
Note: *BOI refers to Board of Investment of Thailand. BOI is an agency set-up by the government to provide investment incentives to
foreign or local investors that invest in promoted or priorities activities.
Source: Thailand Board of Investment
1. CAPEX INVESTMENT CONTINUES
Foreign direct investment up 63%
Source: Thailand Board of Investment, Bangkok Bank analysis
236
396
194
396
648
374
0
200
400
600
800
Total FDI
(2010 vs 2011)
Total FDI
(2011 vs 2012)
Japan
(2011 vs 2012)
Baht bn
+93%
+63%
+68%
2. CROSS-BORDER INVESTMENT RISES
13
Thai direct investment up 48%
14
Source: Bank of Thailand
21
37
104
135
143 142
251
370
0
100
200
300
400
2005 2006 2007 2008 2009 2010 2011 2012
Baht bn
+77%
+48%
2. CROSS-BORDER INVESTMENT RISES
0
50
100
150
200
250
300
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Bangkok & Vicinities Provincial
178.2
Bangkok & Vicinities
240.5
Provincial
Source: NESDB, Bangkok Bank analysis
15
Index
2001 = 100
Provincial areas growing faster
3. STRONG GROWTH POTENTIAL IN PROVINCIAL AREAS
Exports to CLMV* up 26.8%
3. STRONG GROWTH POTENTIAL IN PROVINCIAL AREAS
16
Myanmar
Bt 70 billion
+15%
Ex: Oil, Drinks
Im: Natural gas
Laos
Bt 109 billion
+34%
Ex: Oil, Cars, Computers
Im: Copper, Wood
Cambodia
Bt 75 billion
+27%
Ex: Engines, Sugar, Drinks, Cosmetics
Im: Vegetable, Iron, Aluminum
Note: For the year ended December 31, 2012
*CLMV refers to Cambodia, Laos, Myanmar and Vietnam.
Source: Department of Foreign Trade, Bangkok Bank analysis
Vietnam
Bt 10 billion
+36%
Ex: Drinks, Fruits, Iron
Im: Radio sender-receiver, Auto parts
Benefits from government policies
Bangkok
Kanchanaburi
Maesod
Sakaeo
Chiangrai
Songkhla






Mukdahan

North-South
Economic Corridor
East-West
Economic Corridor
Vientiane-Laem
Chabang Network
Bangkok-Phnom Penh
Network

Daiwa-Vung Tau
Network

Exclusive economic zone border
Songkhla Kanchaburi
Nongkhai Sakaeo
Maesod Trad
Mukdahan Chiangrai
3. STRONG GROWTH POTENTIAL IN PROVINCIAL AREAS

Trad
Nongkhai
17
Source: Office of Transport and
Traffic Policy and Planning

Bangkok Bank
positioning and strategies
Strong in business lending
Large
Corporate
46%
Mid-sized
SMEs
17%
Small-sized
SMEs
11%
Consumer
11%
International
15%
Note: As at June 2013
*System refers to 16 commercial banks registered in Thailand
Source: Bank of Thailand, Bangkok Bank analysis
Lending market share
BBL
17%
89% business loans
Note: As at June 2013
Bank only, including BBC and BBB
System*
(exc. BBL)
83%
19
Specialized teams for business clients

Dedicated teams with 22 sub-divisions
e.g. Auto, Telecommunications, Services, Logistics, Food, and Heavy Industry
20
2/3 of networks located in provinces
Northeast
149 Branches
47 BC/BD
Metro
354 Branches
34 BC
South
117 Branches
38 BC/BD
Central
285 Branches
82 BC/BD
North
138 Branches
35 BC/BD*
Note: As at June 2013
Branches exclude 83 self-service
*BC and BD refer to Business Center and Business Desk to service SME customers
21
25 branches and 1 rep. office
in 13 economies
Country #branches #years
1 Hong Kong 2 59
2 Japan 2 58
3 Singapore 1 56
4 UK 1 56
5 Malaysia
/1
5 54
6 Taiwan 3 48
7 Indonesia 2 45
8 USA 1 29
9 China
/1
4 27
10 Laos 1 21
11 Vietnam 2 21
12 Philippines 1 18
13 Myanmar
/2
1 18
Note:
/1
Malaysia and China are the banks subsidiaries
/2
Representative office 22
23
Baht 836 bn of liquid assets
Note: As at June 2013
*Liquid assets refer to cash, interbank assets and investments.

Bangkok Banks liquid assets*
Liquid
assets
33%
Highest liquid assets*
23
836
738
704
663
211
203
0
200
400
600
800
1,000
BBL KBANK SCB KTB BAY TMB
Note: As at June 2013
Source: Company filings, Bangkok Bank analysis
Other
assets
67%
Baht bn
19% market share in deposits
Deposit market share
BBL
19%
System*
(exc. BBL)
81%
24
CASA
43%
Fixed
57%
43% Current and Savings (CASA)
Note: As at June 2013
*System refers to 16 commercial banks registered in Thailand
Source: Bank of Thailand, Bangkok Bank analysis
Note: As at June 2013
Source: Bangkok Bank analysis
60%
70%
80%
90%
100%
110%
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Jun-13
BBL LDR System LDR*
87.4%
System*
97.0%
Note: *Systems refers to 16 commercial banks registered in Thailand.
LDR refers to Loan-to-Deposit ratio
BBL if including B/E, LDR = 88.9%
Source: Bank of Thailand, Bangkok Bank analysis
25
89.0% loan-to-deposit ratio
89.0%
BBL
95.7%
Lowest LDR in the industry
Loans to Deposit Ratio - LDR (%)
26
Note: As at June 2013
Source: Bangkok Bank filings
89.0%
94.8% 94.9%
96.9% 97.1%
118.1%
0.0%
50.0%
100.0%
150.0%
BBL KBANK SCB KTB TMB BAY
Baht 297 bn of capital
251
180 183
163
93
46
85
57
61
38
0
50
100
150
200
250
300
350
BBL KTB SCB KBANK BAY
Tier 2 capital
27
Note: As at June 2013
The Bank of Thailand announced Basel III Capital Adequacy regulations, effective from January 1, 2013.
Source: Bangkok Bank filings
CE Tier 1/Tier 1 capital
297
240
131
Baht bn
224
265
13.9% Tier 1 capital under Basel III
13.9%
12.0%
11.4% 11.3%
11.1%
10.1%
0.0%
5.0%
10.0%
15.0%
BBL* BAY KBANK TMB SCB KTB
CE Tier 1/Tier 1 ratio (%)
28
Note: As at June 2013
The Bank of Thailand announced Basel III Capital Adequacy regulations, effective from January 1, 2013.
* With the inclusion of net profit for the first half of 2013, the deduction of dividends to be paid in September 2013,
the Common Equity Tier 1 ratio and Tier 1 ratio would be approximately 14.9%, and the CAR would be
approximately 17.5%
Source: Bangkok Bank filings
206% coverage ratio
29
Note: As at June 2013
Source: Bangkok Bank filings
206%
151%
145%
134% 132%
104%
5.5%
4.0%
3.4%
3.3%
6.3%
3.7%
0%
2%
4%
6%
8%
0%
100%
200%
300%
BBL BAY SCB KBANK TMB KTB
Loan loss reserves / NPL (L) Loan loss reserves / Loans (R)
Bangkok Bank
financial results
1
,
0
4
2

1
,
1
8
1

1
,
1
4
3

1
,
2
5
6

1
,
4
7
0

1
,
6
0
4

1
,
6
6
6

0
500
1,000
1,500
2,000
2007 2008 2009 2010 2011 2012 Jun-13
Lending growth 8.1%
Baht bn
31
+8.1% YoY
+3.9% YTD
CAPEX cycle started in late 2010
90
100
110
120
130
140
150
Dec-09 Dec-12
2011
Index
Dec-09 = 100
2010 2012
Loan growth since December 2010
32
CAPEX Cycle
started
Jun-13
Jun-13
Dec-10 Dec-11
NPL ratio at 2.4%
82.1
55.1 55.6
45.6
42.6 42.3 43.4 44.5
7.9%
4.6%
4.4%
3.0%
2.7%
2.3% 2.3%
2.4%
0%
2%
4%
6%
8%
0
50
100
150
2007 2008 2009 2010 2011 2012 Mar-13 Jun-13
NPL (Baht bn) NPL Ratio (%)
33
Baht bn
Coverage ratio at 206.1%
82.2%
109.6%
117.1%
158.9%
199.0%
206.9% 206.1%
0%
50%
100%
150%
200%
250%
2007 2008 2009 2010 2011 2012 Jun-13
Loan Loss Reserves / NPLs - Coverage Ratio (%)
34
Excess loan loss reserves at Baht 54 bn
52
35
37 37 38
36
38
15
26
29
35
47 52
54
0
30
60
90
120
2007 2008 2009 2010 2011 2012 Jun-13
Excess reserves over BOT requirement (Baht bn)
Allowance required by BOT (Baht bn)
92
Baht bn
35
Credit cost at 44 bps
5.6
6.6
7.6 7.6
12.0
7.2
54
56
66
60
82
45
44
0
20
40
60
80
100
0
5
10
15
20
2007 2008 2009 2010 2011 2012 1H13
Provisioning expenses (Baht bn)
Provisioning expenses / loans - Credit cost (Bps)
36
Baht bn Bps
*
62
5.1
Note: * Exclude one-time provisioning expenses
Deposits growth 11.9%
1
,
2
7
7

1
,
3
2
2

1
,
3
6
1

1
,
3
9
4

1
,
5
8
8

1
,
8
3
5

1
,
8
7
3

0
500
1,000
1,500
2,000
2007 2008 2009 2010 2011 2012 Jun-13
Deposits (Baht bn)
Baht bn
37
+11.9% YoY
+2.1% YTD
Net Interest Margin at 2.41%
2.64%
2.76%
2.55%
2.66%
2.55%
2.41%
2.44%
2.39%
2.63%
2.49%
2.41%
2.0%
2.2%
2.4%
2.6%
2.8%
2010 2011 2012 2Q12 3Q12 4Q12 1Q13 2Q13 1H12 2H12 1H13
38
Quarterly Yearly Net Interest Margin (%) Period
12%
16%
25%
25%
8%
14%
Bancassurance & Mutual Funds
Loan-related fees
Credit cards
Transaction services
Global market services
Others
39
For the six-month ended June 30, 2013
Fee income breakdown
Net fee income up 16.3%
17.3
18.1
19.1
4.7 4.7
5.0 5.2
5.7
9.4
10.9
0
5
10
15
20
2010 2011 2012 2Q12 3Q12 4Q12 1Q13 2Q13 1H12 1H13
+16.3% YoY
+21.1% YoY
+9.1% QoQ
Net Fee Income (Baht bn)
Baht bn
40
Quarterly Yearly
+5.5%
Period
Operating expenses breakdown
59%
26%
9%
6%
Personnel expenses*
Premises and equipment
Tax and duties
Other
41
Note: For the six-month ended June 30, 2013
*Personnel expenses include directors remuneration
Operating expenses down 1.7%
32.0
36.1
37.9
9.8
9.2
10.1 9.6
8.1
18.0 17.7
0
10
20
30
40
50
2010 2011 2012 2Q12 3Q12 4Q12 1Q13 2Q13 1H12 1H13
-17.6% YoY
-15.6% QoQ
Operating expenses (Baht bn)
Baht bn
42
Quarterly Yearly
+5.0%
Period
-1.7% YoY
Personnel expenses up 11.0%
16.3
18.1
19.0
4.8 4.6
5.0
5.4
5.1
9.4
10.5
0
5
10
15
20
2010 2011 2012 2Q12 3Q12 4Q12 1Q13 2Q13 1H12 1H13
+5.6% YoY
-4.9% QoQ
Personnel expenses* (Baht bn)
Baht bn
43
Quarterly Yearly
+4.8%
Note: *Personnel expenses include directors remuneration
+11.0% YoY
Period
21,229
21,503
22,934
21,921
23,454
2010 2011 2012 Jun-12 Jun-13
Number of employee
+1,533 YoY
Cost well controlled
42.2%
43.8%
44.3%
42.7%
37.8%
0%
20%
40%
60%
2010 2011 2012 1H12 1H13
44
1.6%
1.7%
1.6%
1.5%
1.4%
0%
1%
2%
2010 2011 2012 1H12 1H13
Cost to income Cost to assets
Net profit up 13.1% to Baht 19.3 bn
24.6
27.3
33.0
8.9
7.8
7.4
9.0
10.3
17.0
19.3
0
10
20
30
40
2010 2011 2012 2Q12 3Q12 4Q12 1Q13 2Q13 1H12 1H13
+13.1% YoY
Baht bn
+20.8%
Net profit (Owners of the bank)
45
Quarterly Yearly
+15.5% YoY
+13.7% QoQ
Period
Improving ROA and ROE
46
1.35% 1.36%
1.46%
1.57%
1.59%
0.0%
0.5%
1.0%
1.5%
2.0%
2010 2011 2012 1H12 1H13
11.47%
11.57%
12.84%
13.64%
13.87%
0.0%
3.0%
6.0%
9.0%
12.0%
15.0%
2010 2011 2012 1H12 1H13
ROA ROE
Steady increase in dividend payment
Baht
1.5
2.0 2.0 2.0
3.5
4.0
4.5
0%
10%
20%
30%
40%
50%
0
2
4
6
8
10
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Interim (L) Final (L) Dividend payout ratio (R)
3.0
4.0
5.0
6.0
39.34%
47
6.5
Summary
Attractive business opportunities

BBL will actively seek to capture them

Risk of volatility from domestic and global factors

BBLs prudent management provides confidence
48
Appendix
Infrastructure improvement for connectivity
Road network for ASEAN connectivity

High-speed trains to speed up Thailands
transportation

Railway improvements around the country

Mass Transit for Bangkok connectivity

50
Thailand will be center stage of ASEAN
51
Greater Mekong Subregion (GMS)
R1: Southern Economic
Corridor (SEC)

R2: East-West Economic
Corridor (EWEC) 1,320 km

R3: North-South Economic
Corridor (NSEC)
R3A: Via Laos
R3B: Via Myanmar
Source: Ministry of Transport
Road networks for ASEAN connectivity
52
Thailand Laos 11 projects
Thailand Cambodia 3 projects
Thailand Malaysia 5 projects
Thailand Myanmar 8 projects


Source: Department of Highways
Operating
Constructing
Planning
Myanmar
China
Cambodia
Vietnam
Dawei
Yangon
Thailand
Malaysia
Kunming
Laos
High-speed trains to speed up transportation
53
Bangkok Chiang Mai
754 km
Bangkok Nong Kai (Lao, Kun Ming)
615 km
Bangkok Rayong
221 km
Bangkok Padungbesa (Malaysia)
982 km
Source: Ministry of Transport
Note: Project schedule 2014-2018
Railways to connect all around the country
54
New rail routes

Double track projects:
Phrase 1
2010-2014
Phrase 2
2015-2019
Phrase 3
2020-2024
Source: Office of Transport and Traffic Policy
and Planning
Mass transit for Bangkok connectivity
55
Source: Bangkok Mass Transit System
Dawei port to facilitate trading in region
With Dawei port, the
transportation time
between Bangkok and
Chennai will be cut by half
(from 6 days through
Singapore to 3 days through
Dawei)


56
Chennai
Dawei Bangkok
3 days
6 days
Source: NESDB, Ministry of Transport
This presentation is made by Bangkok Bank and may not be copied, altered, offered, sold or otherwise distributed to any other person by any recipient without the consent of Bangkok Bank. Although all reasonable effort
has been made to ensure the facts stated herein are accurate and that the opinions contained herein are fair and reasonable, this document is selective in nature and is intended to provide an introduction to, and
overview of, the business of Bangkok Bank. Where any information and statistics are quoted from any external source, such information or statistics should not be interpreted as having been adopted or endorsed by
Bangkok bank as being accurate. Neither Bangkok Bank nor any of its directors, officers, employees, and advisors nor any other person shall have any liability whatsoever for loss howsoever arising, directly or indirectly,
from any use of this information. The facts and information contained herein are as up to date as is reasonably possible and may be subject to revision in the future. Neither Bangkok Bank nor any of its directors,
officers, employees or advisors nor any other person makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this presentation. Neither Bangkok
Bank nor any of its directors, officers, employees and advisors nor any other person shall have any liability whatsoever for loss howsoever arising, directly or indirectly, from any use of this presentation. This presentation
may contain projections or other forward-looking statements related to Bangkok Bank that involve risks and uncertainties. Readers are cautioned that these statements are only projections and may differ materially from
actual future results or events. All forward-looking statements are based on information available to Bangkok Bank on the date of its posting and Bangkok Bank assumes no obligation to update such statements unless
otherwise required by applicable law. This presentation does not constitute an offer or invitation to subscribe for, or purchase, any shares of Bangkok Bank.
Contact:
Investor Relations Team Tel (66) 2 626 4981
Fax (66) 2 231 4890
Email: IR@bbl.co.th

Bangkok Bank Website www.bangkokbank.com

For further information
57