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Budget Act and drought. Furthermore, domestic spending may be limited due to weakening purchasing power and hefty household debt. Apart from economic woes, businesses face numerous other challenges that
year, which was still better than the set target. In this quarter, our impairment loss on loans and debt securities decreased Baht 1,314 million, or 14.39 percent, in line with the prevailing
sufficient to compensate for losses that may be incurred from a borrower’s debt default. Financial Institution Business Act (No. 3) B.E. 2561 (2018) Financial Institution Business Act (No. 3) B.E. 2561 (2018
amid high household debt, whereas public investment and the government’s budget disbursement were affected by a delay in the formation of a new government. Nevertheless, economic stability remained sound
the target. In this quarter, our impairment loss on loans and debt securities increased slightly from the prior quarter. At the same time, our robust capital position was sufficient to cushion against