year. The Bank of Thailand (BoT) also upgraded its GDP growth forecast for this year from -8.1% YoY to - 7.8% YoY. However, it revised down next year’s forecast from 5.0% to 3.6% (vs. our forecast at 3.4
positive following sovereign outlook in April 2020. On April 2, 2020, Fitch Ratings revised BBL’s ratings due to large-scale economic disruptions from the Covid-19 pandemic. Details of the Bank’s credit
in economic momentum, the Bank of Thailand revised down Thailand’s economic growth forecast for 2019 to 2.8% (as of September 2019); compared to previous projection at 3.3%. Moreover, the growth
products launched by some financial institutions as well as from auto-leasing. Meanwhile, demand for housing loans continued to decline after the implementation of the revised Loan-to-Value (LTV) measures
strategic areas, especially at major tourist attractions. To remain competitive, we revised foreign exchange buying and selling rates at highly competitive locations. In addition, marketing activities were
) estimating the world economy was on a direction towards the slowest growth since the 2008 financial crisis, and also revised their 2019 global economic growth estimate to just 2. 9 percent. Also, the
re: Board of Directors and the Article 31 under Chapter 6 re: Meeting of Shareholders. The details of which are as follows: The Company’s Articles of Association Current Items New/Revised Items Chapter
currently the Company’s Major shareholder, hold 66.00% stake in SUTG. Moreover, The Board of Directors Meeting of the Company No.9/2019 held on August 15, 2019 has approved the Loan for SUTG with revised
Amount and Term of Bond Issuance, and Determination of Date of the Extraordinary General Meeting of Shareholders No.1/2018 (Revised No.2) To: The President of the Stock Exchange of Thailand Enclosure: 1