’ debt servicing ability. 5 1.3 Regulatory Changes2 Significant regulatory changes in 2017 that may have affected KBank’s and K Companies’ business operations included: Relaxation of Foreign Exchange
week respectively. In consequence, the route network development affected ASK growth at 9.7 percent compared with last year. International point-of-sales were our main target customers. The major
Asia at 12.0 and 8.7 percent respectively. Nevertheless, the boat accident in Phuket in July 2018 had affected the number of Chinese tourists to Thailand. The number of Chinese tourist’s arrival to
inevitably hurt commercial banks’ opportunities and business operations. 1.3 Significant Regulations and Rules related to Business Operations2 Significant regulations and rules that may have affected KBank’s
serviceability. Although the deterioration in credit quality affected profitability, but Thai commercial banking system’s remained sound as banks continued to closely monitor credit quality and maintained high
the Company’s expectation given the intense competition in certain areas, such as Nakhon Ratchasima. Although rental rate escalations were affected and discount rates were higher in certain locations
in the first quarter of 2019, compared to the previous quarter. The trade war between China and the US has weighted on the global economy over the past year in which Thailand has been affected
, commercial banks remained tighten credit standards as their concern on a deterioration in debt serviceability. Although the deterioration in credit quality affected profitability, but Thai commercial banking