inappropriateness regarding the sound business control conduct; (3) Being able to maintain capital funds and set aside reserve capital in compliance with law establishing such legal entity or law controlling business
quarter, the company has controlled the selling and administrative expenses for more efficiency. However, the Company and its subsidiaries have set aside provision for additional employee benefits at the
period of the previous year. Administrative expenses decreased because the Company and its subsidiaries had reduced and controlled administrative expenses. In addition, there is no obligation to set aside
in a decrease in the cost-to-income ratio, which stood at 42.52 percent. KBank has set aside higher allowance for impairment loss on loans, in line with uncertainties from the ongoing economic slowdown
a rate of 5% to 8%, starting from January 1, 2024 onwards, which affects the quality of assets in Stage 3. However, the Company has set aside Management Overlays which covered the exposure from the
ratio in this quarter stood at 49.31 percent. KBank also set aside a higher expected credit loss of Baht 3,047 million compared to the preceding quarter, with prudent consideration of factors in line with
loans and debt securities was set aside on conservative premise to strengthen the loan loss reserves, in light of the imminent adoption of the new accounting regime which would entail lower credit cost
set aside a one-off higher provision in the previous quarter to strengthen the loan loss reserves before the adoption of the Thai Financial Reporting Standard No.9 (TFRS 9). At the end of March 2020
experience. The bank has set aside of reserves for bad debts, doubtful accounts and impairment loss in the first quarter of 2018 amounted of Baht 330.0 million, increased by 112.9% when compared to the first