. In contrast, services income from providing information technology solutions for electronic devices was relatively stable. As a result, the net profit margin decreased from 21.9% in the previous year

, which is partly due to global economic recovery, as well as the growth in exports of electronic goods which supports Internet of Things (IoT). Private consumption expanded at a moderate pace as overall

percent from the first nine months of 2016, due mainly to the increase in gains on investments and net fees and service income, an increase in fee income from mutual funds, bancassurance, electronic

, which helped support investors’ confidence. This is despite the fact that this factor, coupled with the stable policy rate, resulted in increased volatility in money and capital markets as well as foreign

2019, net loans at 14 domestically-registered commercial banks grew 0.37 percent over-quarter and 3.92 percent over-year, figures that were stable compared to the growth of 3.88 percent at the end of the

1.50 percent for almost all of 2018 to accommodate domestic economic activity, which is continuing along a stable recovery path. 1.2 Banking Industry and Competition In the second quarter of 2018

public investment and underpin private sector sentiment. Moreover, some production may be relocated to Thailand in response to US-China tariffs, particularly in sectors such as electronic and automotive

Thailand remained stable. Capital funds and reserves were at a high level and were able to support the challenges of uncertain economic conditions. The performance of the Thai banking system improved, mainly

PromptPay, and the expansion of Electronic Data Capture (EDC) terminals to increase card acceptance by merchants. Technological change and financial innovation have been the main factors contributing to

margin (NIM) recorded a minimal increase after being stable during the first half of this year given that most commercial banks continued to focus on funding cost management. As of the end of the third