stipulated in this legislation. KASIKORN LEASING Co., Ltd. (“KLeasing”), one of the K Companies, is governed by this statute. KBank has studied the change and communicated relevant information to KLeasing and

in court regarding the delivery of the enforcement order and writ of execution, shortening the legal execution procedure. By setting a definite timeframe, the law narrows the chance of utilizing legal

□ A commercial bank under the law on commercial bank business(CB); □ A finance company under the law on undertaking of finance business, securities business and credit foncier business(FC,FSC); □ A

for allowance for doubtful accounts 100% of outstanding balance due to the debtor have operated according to the law Overdue - Overdue 91-180 days amount 126.01 million Baht - Overdue 181-365 days

year due to the Company and its subsidiary received orders from customers in this period decreasing from the same period last year. Other Revenue was 4.71 million Baht, decreased 0.62 million Baht or

6.70 percent from the same period of last year. The decrease came from non-interest income which fell Baht 2,871 million, or 19.00 percent, due to cancellation of funds transfer fees via digital channels

continued to see limited support, after growing by 2.30 percent in the second quarter. The Thai economy did show some signs of strength in the third quarter, due mostly to the low base effect of the same

from the change in defined benefit plan according to KBank’s employment policy which is not related to labor law, together with rising marketing expenses, our cost-to-income ratio stood at 45.02 percent

the new legislation. 4 2. Risk Management and Risk Factors 2.1 Credit Risk Management The Thai economy in the third quarter of 2018 grew at a decelerating rate due to slowdown in external sector and

million Baht in the year of 2018 to 505.07 million Baht for the year of 2019, representing for 58.00 percent, due to recognize revenue according to the success of the project, new law changed of the long