Page 4/21 Overview of Economy and Competition in Commercial Banking In the second quarter of 2019, the Thai economy continued to expand due mainly to the expansion of domestic demand. Private consumption
Rule”). Currently, the Company focus on the business expansion of the crude palm oil (CPOA) trading business for biodiesel as there is a high potential growth and will partially conducting a trading CPOA
were continued expansion of the outlets network for the existing brands together with the reopening those outlets closed for renovation last year, sales of premium and CRG Gifts products, and the
as well as for business expansion such as rental, advertising and depreciation and also impact to the revenue from this relocation. - Terminated Lyceum fee revenue of THB 9 million from Colleges in
growth of 4.6 percent, over-year, following the 4.9 percent growth seen in the first quarter. The expansion was driven largely by exports and tourism, which benefited from trade partners’ brighter economic
. Governing law Thai law 7. Approved the expansion of the flexible packaging business in the amount of Baht 75 million, comprising the construction of a factory warehouse at Baht 35 million and the purchase of
stable at 2.3% resulting in loan spread for 2019 to decline to 4.7% from 5.0% yoy. For the year ended Consolidated Change Dec 31, 2019 Dec 31, 2018 Baht million % Interest income 18,036 16,294 1,742 10.7
persistently experienced a high contraction due to the international travel restrictions. However, economic activities during that period were supported by the expansion of public spending, together with the
increase in net interest income which was derived mainly from expansion in retail and SME business loans, in line with growth in net interest margin (NIM). Excluding gain on investments of certain banks in