expense in supporting services. Expected Credit Losses To allocate provision in accordance with Thai Financial Reporting Standard No. 9 Financial Instruments (TFRS9), the bank has considered the expected
, reserve and liquidity. Credit Rating LH Financial Group Public Company Limited is assigned the credit rating at “BBB+” with “Stable” outlook by TRIS Rating. Analysis of Operating Results In the first
growth is consistent with the economic slow down and credit tightening of financial institutions after signs of deterioration in loans. In the equity market, the average daily turnover (SET and mai) for
consistent with the economic slowdown and credit tightening of financial institutions after signs of deterioration in loans. In the equity market, the average daily turnover (SET and mai) for 3Q19 increased by
% from Baht 1,468 million yoy. Provisions including loss from sale of repossessed cars (credit cost) stood at 2.19% of average loan for the first nine months of 2020. 9 Summary of financial performance
, amount and value that have not yet redeemed, maturity date of the collateral, other material conditions on financial year-end date, and latest credit rating of REIT bond, or guarantor of debt repayment
declined after accelerating in the previous quarter. Looking forward, financial institutions expect demand for business credit to increase, especially for large corporates to invest in fixed assets for
keeping the capital costs at an appropriate level and strive to maintain the financial ratio that are keys to credit rating consideration such as Net Debt to EBITDA. However, there is no debt covenant that
according to warrant FPI-W1 (3) Credit facilities from the financial institutions The sources of funds used in the transaction are from (1) and (2) about 30-40%, and from (3) about 60 – 70%. 9. Conditions of
purchase ordinary shares of the Company according to warrant FPI-W1 (3) Credit facilities from the financial institutions 9. Conditions of the entry into the transaction The Company will enter into the