Page 4/20 Economic Overview and Competition among Commercial Banks In the first quarter of 2020, Thai economy highly contracted from the same period last year as the COVID-19 pandemic has caused

reflects the company’s determination to enhance its sustainability information reporting in accordance with the Sustainable Development Goal, SDG 12.6. Economic Overview and Competition in Commercial Banking

กกำรขำยปลีกผ่ำนสำขำเพิ่มขึ้นจ ำนวน 92.75 ล้ำนบำท เพิ่มขึ้นร้อยละ 7.52 รำยได้จำกกำรขำยปลีก ลูกค้ำองค์กร (Commercial) เพิ่มขึ้นจ ำนวน 7.79 ล้ำนบำท เพิ่มขึ้นร้อยละ 4.42 และรำยได้ค่ำบริกำรเพิ่มขึ้นจ ำนวน

economic activity, which is on a recovery path. 1.2 Banking Industry and Competition In the second quarter of 2017, commercial banks recorded decreased net profit over-quarter and over-year. The decline

Ministry of Commerce Projection by KResearch 2017 2017 Ye ar -o n- Ye ar C ha ng e (p er ce nt ) 2 1.2 Banking Industry and Competition In the third quarter of 2017, net profit of most commercial banks

Competition Commercial banks’ overall performance in the first quarter of 2018 was better than what was seen in the previous quarter while also sustaining growth over-year. Net interest income in the banking

percent of stake with expected Commercial Operation Date in 2022. This increased total equity contracted capacity by 161 megawatts.  Klongluang Utilities power plant and Banpong power plant, which EGCO

National Economic and Social Development Council and Ministry of Commerce Ye ar -o n- Ye ar C ha ng e (p er ce nt) 2018 2019 2019 2019 2 1.2 Banking Industry and Competition Commercial banks’ overall

, commercial banks recorded increased net profit over-year and over-quarter. The rise could be attributed to decrease in impairment loss on loan and debt securities coupled with higher growth in overall loans

4,061 million, increased by Baht 702 million or 21% from 2018 mainly caused from the recognition of the operating results of the projects that the Company has invested and the commencement of commercial