the year and from additional government measures to support low-income households, although these may gradually decrease. Private investment was also expected to slow down due partly to a decline in

in support of the national policy of making Thailand a cashless society. We always strive to bolster our capabilities in providing services via digital channels to promote increased digital

Commendation 14 4. Operating Performance and Financial Position Analysis 15 4.1 Operating Performance 15 4.2 Financial Position Analysis 21 4.3 Loans and Deposits 23 4.4 Treasury Operations 27 4.5 Operating

sector’s growth slowed down and private investment slightly dropped. However, private consumption continued to hold up, partly due to improvements in non-farm income and government measures to support low

, 15.1% and 16.8% of total revenue during the two years respectively. This was an increase of THB 94.9 Mn or 28.9%. This increase was mainly due to staff increases in middle management recruited to support

were 9.11 million Baht and 17.79 million Baht respectively. The expenses increased in line with the number of employees to support business expansion. The Company’s net profits were 10.21 million Baht

). Selling and administrative expenses were 10.07 million Baht and 25.68 million Baht respectively. The expenses increased in line with the number of employees to support business expansion. The Company’s net

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

such as rubber and palm, weighed on household purchasing power. In response, the government approved Baht 84.2 billion in December to help support domestic spending. At the same time, private investment

as continued support from government measures. Meanwhile, the financial vulnerabilities of households and businesses remained the key obstacles to the economic recovery. In the first quarter of 2021