strong across-the-board growth. The business sector remained challenged by new modes of competition amid the advancing digital age and the rapid pace of technological advancement, together with the

reflected in the numerous awards we received in this quarter. C Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the Third Quarter of 2017 1 1.2 Banking

increase in deposits from the government sector in both current and savings accounts, and special deposit products under long-term programs introduced by certain banks. Liquidity in the Thai banking system

to consider diversifying into other business sector such as expanding to recurring income business. Furthermore, the company is considering and evaluating a plan for joint venture with local and

30 percent of the NAV. In addition, to offer more choice to PVD members, establishment of PVDs as sector fund whose investment policy concentrates on securities of certain industry sectors is allowed

Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the Second Quarter of 2017 1 1.2 Banking Industry and Competition 2 1.3 Regulatory Changes 3 2. Risk

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TISCO ASSET MANAGEMENT COMPANY LIMITED| ,Sector Fund | Offering Date : 04/01/2021 - 12/01/2021

TISCO ASSET MANAGEMENT COMPANY LIMITED| ,Sector Fund | Offering Date : 04/01/2022 - 12/01/2022