power, as farm income continued to be constrained by low prices of agricultural products and nonfarm income remained lackluster. Moreover, high levels of household debt caused the generation of new loans
% Net interest margin 2.33% 2.34% 2.31% (0.01)% 0.02% 2.34% 2.33% 0.01% Net fees and service income to operating income ratio 21.3% 24.1% 22.7% (2.8)% (1.4)% 22.7% 23.7% (1.0)% Expense to operating income
-19. The consolidated comprehensive income for 3Q20 totaled Baht 1,458 million, decreased of 17.4% comparing to 3Q19. For the first nine months of 2020, net profit of the Bank and subsidiaries totaled
From 1 January 2020, the Group has adopted Thai Financial Reporting Standard - Financial instruments group and Thai Financial Reporting Standard No.16 - Leases which impacted to the financial statement
ended 31 December 2019, for your information and publication. According to the Company’s income statements for the year ended 31 December 2019, the Company recorded the net profit in an amount of
service income decreased by Baht 1.85 million from mutual fund and private fund management fee of Solaris Asset Management. Gain and return on financial instruments decreased by Baht 94.03 million mainly
household purchasing power remained weak. Despite improvements of both farm and nonfarm income, households’ purchasing power is compressed by the high debt burden and the waning confidence regarding
, and an interest income on loans purchased of receivables - part of account receivable on Accrual Basis of Baht 1,238 million, increased from the initial adoption of new financial reporting standard
, the stated TFRS was adjusted in order for the contents to be equivalent to the International Financial Reporting Standard (IFRS). The significant changes are summarized as follows: 2.1 TFRS 9 Financial
of business operation and financial statement from January 1, 2020 is under Financial Reporting Standard No.9 RE: International Financial Reporting Standard 9 (IFRS 9) and 16 RE: Leases as effective