addition, all expenses related to leases previously classified as operating leases are presented under ‘Depreciation, and ‘Interest expense’. The adoption of the new standard had an accumulated impact on Jan

12,538 (0.4)% Directors’ remuneration 46 33 43 39.4% 7.0% 80 63 27.0% Premises and equipment expenses 2,916 2,191 2,821 33.1% 3.4% 5,107 5,006 2.0% Taxes and duties 863 864 837 (0.1)% 3.1% 1,727 1,717 0.6

(%) Personnel expenses 6,676 6,563 6,463 1.7% 3.3% 13,239 13,133 0.8% Directors’ remuneration 54 34 46 58.8% 17.4% 89 81 9.9% Premises and equipment expenses 3,147 2,738 2,960 14.9% 6.3% 5,885 5,183 13.5% Taxes

on or after 1 January 2020: Classification of financial assets Financial assets - Debt instrument The Bank has classified its financial assets - debt instrument as subsequently measured at either

classified in terms of sensitivity and other IT assets (i.e., systems asset and equipment asset) shall be classified in terms of criticality in order that such IT assets are given an appropriate level of

and other IT assets (i.e., systems asset and equipment asset) shall be classified in terms of criticality in order that such IT assets are given an appropriate level of protection in accordance with

-SIBs) in September 2017. Bangkok Bank, which is classified as a D-SIB, is required by the BOT to hold additional capital for the Higher Loss Absorbency (HLA), which gradually increasing the required

2019 2018 (%) Personnel expenses 6,670 6,676 6,529 (0.1)% 2.2% 19,908 19,662 1.3% Directors’ remuneration 22 54 21 (59.3)% 4.8% 111 101 9.9% Premises and equipment expenses 2,441 3,147 2,254 (22.4)% 8.3

from the employees’ expenses, and the premises and equipment expenses. Table: Other Operating Expenses (Unit: Million Baht) Items Quarter Variance Quarter Variance For years Variance 4/2018 3/2018 (%QoQ

and equipment expenses that provide for business expansion. The ratio of operating expenses to total operating income is at 40.4%, which is decreased when compared to the third quarter of 2017 was at