together with robust capital fund and reserves. LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2020 Page 4/19 Credit Rating LH Financial

quality and maintain the allowance for doubtful accounts at the appropriate level. The Bank’s balance sheet remained healthy with robust capital and liquidity positions. At the end of third quarter 2019

, notably low carbon footprint, will keep demand for PET and packaging robust. Combined PET segment delivered US$ 17M in efficiency gains from Project Olympus Integrated Oxides and Derivatives (IOD) IOD

rose by 5.5 percent to Baht 13.2 trillion (79.1 percent of GDP) as of the third quarter of 2019, weighed on household purchasing power. However, in the second half of the year, the government rolled out

, and expertise. For example, where the complexity of a security or the structure of a type of security, or the lack of robust data about the assets underlying the security raise serious questions as to

activities, impacted business owners and will likely result in more layoffs and lower household income. The ongoing drought also affected the purchasing power of households in the agricultural sector

40.32 percent, which was better than the target. Meanwhile, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As evidenced, the

marginally from the previous quarter to 40.70 percent, it was better than the target. Meanwhile, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s

capital position was robust. As evidenced, capital adequacy ratio (CAR) of KASIKORNBANK FINANCIAL CONGLOMERATE (the Conglomerate) according to the Basel III Accord was 18.12 percent, with a Tier 1 capital

of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened