(SBL) transaction and collateral placement for SBL transaction due to its nature of non-absolute transfer where the parties also agree on return of securities borrowed or  withdrawal of collateral

expenses as they were required to set aside reserves for employee welfare benefits in compliance with the amendment to the new Labor Protection Act. Meanwhile, NPLs to total loans edged up slightly from the

) when the transaction is an acquisition or disposal of an infrastructure asset, the value of the transaction shall be calculated based on the total acquisition or disposal value which enables the project

transaction under the first paragraph is an acquisition of the principal asset, the calculation of the value has to be based on both value of the acquisition of the total assets of each project, which are ready

could be attributed to increase in impairment loss on loans and debt securities in line with non-performing loans to total loans, which remained at a high level. Net fees and service income – one of

for the first nine-month of the year 2017 ended September 30, 2017 as follows: Company’s Performance (unit: million Baht ) 2017 first 9 months Percent age (%) 2016 first 9 months Percentage (%) Total

2019. Figure 1: Core EBITDA Evolution Note: Core numbers, total of all regions may not match to IVL due to holding segment. Figure 2: Regional Performance Indorama Ventures 2nd Quarter 2018 MD&A 5

strong underlying performance as explained earlier. Figure 1: Core EBITDA Evolution V Note: Total of all regions may not match to IVL due to holding segment. Indorama Ventures 3rd Quarter 2018 MD&A 7

decline as a result of cancellation of fees on financial transactions via digital channels and a decrease in net premiums earned. Given that non-performing loans to total loans in this quarter crept

or loss under the TFRS9. All in all, most commercial banks adopted a cautious stance in asset quality management as NPLs to total loans edged higher. As of the end of the first quarter of 2020, net