regulations which will take effect in 2020, especially the Thai Financial Reporting Standards (TFRS9), and capital requirements, as well as other additional measures intended to mitigate the household debt
equivalents. Debt to equity ratio was 1.75 times, decreasing YoY, due to a decrease of long-term loans and an increase of shareholders' equity from net profit Interest-bearing debt to equity ratio was 0.77
included: Revenue Code Amendment Act (No. 48) B.E. 2562 (2019) This law, effective March 21, 2019, stipulates that financial institutions, specialized financial institutions and e-money service providers
the target. In this quarter, our impairment loss on loans and debt securities increased slightly from the prior quarter. At the same time, our robust capital position was sufficient to cushion against
seen in both public and private investment. Nonetheless, commercial banks may still adopt a cautious stance in their business operations amid the lingering debt quality problem, which still needs some
amid high household debt, whereas public investment and the government’s budget disbursement were affected by a delay in the formation of a new government. Nevertheless, economic stability remained sound
42.58 percent compared to the previous quarter, which was still better than the target. In this quarter, our impairment loss on loans and debt securities increased slightly from the prior quarter, but
policy and guidelines on corporate governance and unabridged code of business conduct prepared by the Company Attachment 6: Report of the Audit Committee Part 1 Business Operation and Operating Results
regular contact (only in case of debt securities offeror) - 21 - SEC Classification : ใชภ้ายใน (Internal) Part 2 Corporate Governance Describe the action or compliance with the Corporate Governance Code (CG
decline could be attributed to an increase of Baht 1,493 million or 16.36 percent in our impairment loss on loans and debt securities to cope with economic uncertainties. Operating profit before provision