stimulus measures to support the economy while the BOT has reduced the policy interest rate. Thai Banking Industry The commercial banking sector in Thailand continues to face challenges from changes in the

lending are implemented. For deposits, pricing competition may be limited as most banks have turned their focus to improved capability in gaining access to new customers via electronic channels to boost

stimulus measures. Against this backdrop, KBank has established its business direction primarily by considering the balance of three dimensions – economy, society and environment – under good corporate

2016 due to the government has realized the importance and necessity in integrating the information technology to the economic and social sectors by placing certain policies as a stimulus; for instance

due to the stimulus policy from the government in relation to telecommunication industry giving a positive impact towards the Company in winning many new contracts and consequently resulting in a

grades. during the current period. These factors are likely to impact the results of Q3 2019 but with the completion of Government formation process and discussions on providing stimulus to revive the

current period. These factors are likely to impact the results of Q3 2019 but with the completion of Government formation process, discussions on providing stimulus to revive the economy and enforcement of

the corresponding period last year, and (3) the rest amounted to THB 75 million, risen by THB 10 million or 15.3% as a result of the marketing activities to stimulus the domestic demand of the branded

% as a result of the marketing activities to stimulus the domestic demand of the branded products under Carabao trademark in all channels. Whereas, marketing and promotional expenses paid by ICUK for the

to THB 71 million, risen by THB 3 million or 4.5% as a result of the marketing activities to stimulus the domestic demand of the branded products under Carabao trademark in all channels. Whereas