Following an AIA report on clients’ complaints and SEC’s further investigation, it was found that Chalermwut had misappropriated the money received from two clients to pay for their annual premium
mainly to employee expenses and repair and maintenance of premises and equipment expenses, whereas marketing expenses fell. As a result, our cost- to-income ratio stood at 42.70 percent, which was still
V3 27/02/63 0 V3 27/02/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2019 In 2019, the Thai economy grew by 2.4 percent year-on-year, down from
segments, we focus on creating innovations and managing financial products, as well as reinforcing our sales and service quality excellence, with greater consideration of consumer protection in order to
) Directors’ remunerations 2 1 100.0 2 0.0 3 9 (66.7) Premises and equipment expenses 54 53 1.9 57 (5.3) 107 111 (3.6) Taxes and duties 92 110 (16.4) 151 (39.1) 201 439 (54.2) Impairment loss on properties for
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