the top level of "Excellence : 5 Stars" for fourth consecutive year. Overview of Economy and Competition in Commercial Banking In 2018, the Thai economy expanded at a greater pace than the previous year
percent increase in Revenue Passenger Kilometers (RPK) which was lower than the same period last year. (6.7 percent growth in January-September 2018) where Europe had the highest growth at 5.1 percent
industrial equipment ratio in 3rd quarter of 2019 increased 17.08% resulting from mix of cost structure products. Even though the cost was higher than those from last year, but gross margin still in the range
Commercial Banking In 2019, the Thai economy grew at a slower pace than the previous year and below its potential. Growth is estimated at 2.5%, the lowest level since 2015 and a significant drop from 4.1% in
Currently there are more than 200 branches nationwide. Since the steel coil is the main raw materials that have significantly contribute to fluctuations of the global steel price. In a certain situation, the
12.1% less than last year. We had a drop of 18.17mb in the implementation revenue from our ERP division due to resource constraints which delay the delivery of the product.The dip in ERP was partially
than the last year. Administrative Expenses In the year 2019, the Company had administrative expenses equal to 394.1 million Baht, an increase of 91.3 million Baht or 30.2 percent. Most of the increased
acquisition is not more than 15%, therefore it is not subject to comply with the Acquisition and Disposition of Assets as stipulated in the Notification of the Capital Market Supervisory Commission. The Board
includes utility charges, credit card, insurance premiums, other expenses and automatic transfer system. The bank is also an agent of Counter Service and True Money, accepting payments for more than 500
of 2017 of Baht 73.97 million increased. By the way, the consolidated net income of the six-month period of the year 2017 is less than the separate net income of Baht 51.99 million. According to the