also affected by the weak purchasing power of consumers and the early rainy season. However, the Mega Home business has improved its operational cost management and has benefited from economies of scale
in Chiang Rai to serve customers in the North, and 2 new stores of Homepro were opened in Malaysia, at Ipoh and Penang, which will benefit from greater economies of scale. As a result, at the end of
percent increase from last year, due to rising interest income as loan growth accelerated. However, loan impairment charges set aside for credit losses in compliance with IFRS9, which will be effective in
combined net profit of the commercial banking system was Baht 187.3 billion, a 5.7 percent decrease from last year, due to larger loan impairment charges set aside for credit losses in compliance with IFRS9
stabilize, the ratio of non-performing loan (NPL) to total loans was 2.9 percent, the same level as the ratio at the end of 2017. The Bank of Thailand’s Senior Loan Officer Survey indicated that in the first
activities and the low rate of capacity utilization in manufacturing sectors. For banking sector in the year 2019, overall bank loan grew at a slower pace mainly attributed to subdued corporate loan growth in
the Third Quarter ended 30 September 2018 Page 4/21 For the banking sector in the third quarter of 2018, commercial bank loan continued to increase in line with the expansion of domestic demand
year was only 8 months due to long- term loan 250 million Baht used for the business acquisition in April 2018 ( the loan amount balance was around 192 million Baht as of 31 December 2019) . This year