3. Business Directions and Operations of Core Businesses 7 3.1 Sustainable Development and Corporate Governance 7 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of
quarter does not have administrative expenses and expenses related to feasibility study research on new domestic and international projects for the business expansion of the Company like in the previous
promotional activities of car manufacturers. Based on the Bank in-house research, new car sales for the year 2017 is projected to increase by 8.0% with total sales of around 830,000 units. In the equity market
with growth higher than the Bank in-house research forecasted of 8.0%. The number of new car sales for the first 11 months of 2017 totaled 767,345 units, a growth of 12.5% with the growth for the
showed continuous recovery with growth higher than the Bank in- house research forecasted of 8.0%. The number of new car sales for total year 2017 totaled 871,647 units, a growth of 13.4% with the growth
effectiveness of pandemic control and vaccine development, the economic damage may be worse than what was seen during the 1997 financial crisis. Given volatility in the financial market and real sector which had
Management and Risk Factors 5 2.1 Credit Risk Management 5 2.2 Market Risk Management 5 2.3 Liquidity Risk Management 5 3. Business Directions and Operations of Core Businesses 7 3.1 Sustainable Development
2.1 Credit Risk Management 5 2.2 Market Risk Management 5 2.3 Liquidity Risk Management 6 3. Business Directions and Operations of Core Businesses 7 3.1 Sustainable Development and Corporate Governance
stemmed partly from the low base of previous year and also from the launch of new car models. Based on the Bank in-house research, new car sales for the year 2017 is now projected to increase by 4.7% with