seen in the final quarter of last year. Broadly speaking, the Thai economy may grow within a range of 3.2-3.9 percent in 2019, down from the growth of 4.1 percent in 2018. Improvement in domestic

well-performing overseas assets. The Hotel industry remains the key revenue driver. Thai goods and services are at a premium due to the appreciation in Thai Baht, reducing the demand especially within

time, we have focused on collaboration and synergy with other companies within KASIKORNBANK FINANCIAL CONGLOMERATE, Muang Thai Life Assurance Public Company Limited and our business partners, for service

sale. The SEC Office shall have the authority to: (1) order the Thai government agencies or their directors or executives to clarify or disclose additional information within a specified period and

application with the Thai Bond Market Association for registration of bonds offered for sale within thirty days after the issuing date except for the short-term bonds. Clause 43 If the approved entity for the

a copy of the related documents to the SEC Office and the Thai Bond Market Association within fifteen days from the effective date of such amendment. In the case where the amendment under Paragraph 1

notify the SEC Office and the Thai Bond Market Association of such amendment and submit a copy of the related documents to the SEC Office and the Thai Bond Market Association within fifteen days from the

of acting deceitfully, fraudulently or dishonestly, which caused widespread damage, regardless of whether under Thai or foreign laws, within a period of ten years prior to the date of submitting an

maintain risks within prudent limits. 8 2.3 Liquidity Risk Management Overall liquidity in the Thai banking system eased during the first quarter due to a decrease in loans amid brisk repayment of working

governance, appropriate risk management and effective cost management. At the same time, we have focused on collaboration and synergy with other companies within KASIKORNBANK FINANCIAL CONGLOMERATE, Muang Thai