, especially global economic fluctuations and unresolved political issues. Businesses have also had to contend with new regulations and government projects. All of these factors affected the performance of KBank

stimulate government and state-owned enterprises’ spending. Overall, the Thai economy is on course for a steady year of growth, according to the Bank of Thailand, with its GDP growth in 2018 revised up to 4.4

responsible team, who will take action promptly in accordance with the government policy. For our employees, their health and safety is always our top priority. B.Grimm fully supports them to overcome this

Governance Principles and government regulations to departments within KBank, K Companies and P Companies 7 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of KASIKORNBANK The Thai

Fund had maintained its global economic projection for 2018 at 3.9 percent given that the US economy is expected to be bolstered by tax cuts and government spending hikes whereas other advanced economies

year and 7.6 percent increase from the 1st quarter of 2017. China, the United State and Vietnam are continue growing from the previous year. While the sales in Indonesian market plummeted during the 1st

Office. Such permission shall only be granted on the ground that the branch office is not in a state to provide services by itself or such delegation will ensure more efficient service providing. Clause 8

permission from the Office. Such permission shall only be granted on the ground that the branch office is not in a state to provide services by itself or such delegation will ensure more efficient service

duties to a third party, a branch office shall receive prior permission from the Office. Such permission shall only be granted on the ground that the branch office is not in a state to provide services by

SEC Office within seven days as from the effective date of the change as well as state the effective date of such change in the notice. Clause 3 In considering granting of approval, the SEC Office shall