expenses. Compared with the fourth quarter of 2018, operating expenses fell by Baht 356 million or 2.2 percent from a decrease of Baht 2,294 million in personnel expenses. This is mainly because in the

with incremental revenue. Administrative Expenses Administrative expenses mainly comprise of back office personnel expenses, depreciation on assets under hospitality business, non-operating activity

area of personnel costs due to salary normally increased year by year and other administrative expenses. As such, the administrative expenses for the period of three months ended 30th June 2017 was 3.15

expenses on back office personnel, marketing and branding, office supplies, depreciations of hotel properties, and non-operating expenses, e.g. professional fees relating to M&A activity, loss from exchange

the depreciation and amortization which was of Bt558.1 million, increased by Bt20.1 million or 3.7%(y-o-y) while the personnel expenses were Bt758.3 million, an increase of Bt16.4 million or 2.2%(y-o-y

deposit volume. Operating expenses rose by Baht 121 million or 0.9 percent, due predominantly to increases in personnel expenses and premises and equipment expenses, while other expenses decreased due

office personnel, marketing and branding, office supplies, depreciations of hotel properties, and non-operating expenses, e.g. professional fees relating to M&A activity, loss from exchange rate, write-off

its personnel committed in the name of the intermediary ; (2) the insurance shall be used only for the maintenance of capital under Paragraph 1(3) of Clause 4 of the Notification concerning Maintenance

insurance shall be used for the maintenance of capital in accordance with all of the following rules: (1) the insurance shall cover the damage arising from the operation of the intermediary or its personnel

areas: (a) having capital, work systems and personnel that can support service provision appropriately and adequately throughout the period of participating in the regulatory sandbox ; (b) assessing and