profit levels as targeted by increasing sales of good margin products and controlling operating costs, causing Jaymart Mobile had a net profit of 90 million Baht in 2019. 2. Non-Performing Debt Management

percent compared to the third quarter of the previous year, mainly due to an increase in the Company’s underwriting fees and an increase in mutual fund management fees from funds managed by ONE Asset

customer engagement in order to reinforce our digital banking leadership, in support of the national policy of making Thailand a cashless society, we launched a “No Fees” campaign for funds transfer, top-up

financial transaction services to offset reduced income after the waiver of fees for funds transfer via digital channels. By the end of the fourth quarter, banks should be prepared for new rules and

other operating expenses 2,462,203 2,060,064 402,139 19.5 Impairment loss on loans and debt securities 484,520 433,670 50,850 11.7 Profit from operating before income tax expenses 1,494,151 1,844,833

operators, and asset management companies to be unable to submit reports or calculate the net asset values (NAV) of mutual funds within the specified timeframe, the SEC has therefore granted an extension for

country. This approach uses mutual funds as a vehicle to achieve the national strategic goals related to sustainability and support long-term savings through investment in the capital market. The

with non-complex features and investment units or debt securities with high risks or complexity, e.g., investment units of mutual funds for institutional investors or ultra-high net worth investors

non-complex capital market products and complex or high-risk debt instruments or investment units, e.g., investment units of mutual funds offered to institutional or ultra-high net worth investors

swiftly and thoroughly help crisis- hit borrowers, especially via debt restructuring. Close monitoring has been undertaken to ensure that borrowers have sufficient capital funds and liquidity to continue