Analysis for the Year ended 31 December 2017 Page 4/21 Overview of Economy and Competition in Commercial Banking In 2017, the Thai economy continued to gain further traction underpinned by an accelerated
towards a circular economy, in which PET, due to its recyclability and recycling infrastructure is getting positive traction. The resilient nature of these core segments enable us to achieve visible
continued to gain further traction driven by both growths in domestic and external demand. The value of merchandise exports expanded solidly on the back of the continual increase in export quantity and rising
quarter of 2018 continued to grow year-on-year on the back of buoyant domestic demand. Private consumption continued to gain traction, supported by improvement in income and employment. Furthermore, there
Project, 2017 of the Thai Investors Association. 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of KASIKORNBANK Thai economic growth gained traction in the second quarter of 2017
care and adherence to good corporate governance, while prioritizing the best interests of shareholders.”
develops, implements and promotes adherence to internationally recognized standards for securities regulation. It works intensively with the G20 and the Financial Stability Board (FSB) on the global
“Institutional Investor Corporate Awards 2020” organized by Alpha Southeast Asia including “Most Organized Investor Relations”, “Strongest Adherence to Corporate Governance”, and “Most Consistent Dividend Policy
(Japan’s Stewardship Code). 12. The Investment Association, 2015. Adherence to the FRC’s Stewardship Code. 13. The United Nations, 2006. The Principles for Responsible Investment (PRI). 14. UNEP FI and the