recovery whereas non-durable and semi-durable goods namely food and apparels still contracted, pointing to a still weak grass-root economy. Private investment also showed signs of recovery that is consistent
that showed sign of recovery whereas non-durable and semi-durable goods namely food and apparels still contracted, pointing to a still weak grass-root economy. Private investment also showed signs of
6.70 percent from the same period of last year. The decrease came from non-interest income which fell Baht 2,871 million, or 19.00 percent, due to cancellation of funds transfer fees via digital channels
heightened competition from other financial institutions and non-bank players, KBank has focused on strengthening customer engagement through digital channels so as to reinforce our digital banking leadership
tourism related while non-durable and semi-durable goods, food and apparels still declined, signaling a still weak grass-root economy consistent with the decline in agricultural sector income. Private
related while non-durable and semi-durable goods, food and apparels still declined, signaling a still weak grass-root economy consistent with the decline in agricultural sector income. Private investment
private consumption and private investment. Private consumption grew notably in durable goods segment (especially in vehicles) while growth in non-durable and semi-durable goods contracted partly from the
from the weakened household income especially in non-farm income together with the tightening of financial institutions credit approvals due to the deteriorations in asset quality. The non-durable goods
farm and non-farm income. Public spending also increased from spending on goods and services and compensation expenses while capital spending declined from the high base effect of last year from the
the end of 2018. For asset quality, the Non-Performing Loans (NPLs) to total loans ratio for 2Q19 increased to 4.2% from 4.1% at the end of 2018. On Special Asset Management business, the Bank sold non