, causing negative impact on consumption, investment; (2) financial health of businesses especially in the tourism sector, which, if deteriorating further, may lead to a credit event as well as an adverse

retail loans. Meanwhile, SMEs loans contracted less due to the implementation of various relief measures by the Bank of Thailand. Under the current economic situation and deteriorating quality of loans

likely that the Bank of Thailand could further lower the policy rate in 2020 on the back of a deteriorating economic outlook. V3 27/02/63 2 Thai Banking Industry in 2019 In 2019, commercial banks in

system, to the Ministry of Finance for consideration before forwarding to the Cabinet. The conditions of failing financial institutions include liquidity crisis, deteriorating financial position, and

classification may somewhat help ease the impact of deteriorating quality of normal loan to NPLs. Meanwhile, most banks are expected to emphasize efficient cost management and adjust their operating strategies in

advancing digital age. For operating income in 2017, most commercial banks could maintain net interest margin (NIM) due to overall effective cost management despite the deteriorating quality of loans granted

decrease in income from insurance business. Our coverage ratio rose over-year, while gross NPL ratio decreased slightly from the end of 2017, despite the deteriorating quality of loans granted to certain