and business. The Bank is also allowed to provide assistance measures to debtors with credit impairment, if it is believed that their businesses have the potential to be viable. The Bank will classify
accelerated the transfer of housing units to customers before the Bank of Thailand housing loan control measure (Loan-to-Value: LTV) became effective on April 1, 2019. Even though, the majority of MK customers
million which was higher than sale that recorded in the same period of last year. MK employed several strategies in order to help customers reduce the impact of the Bank of Thailand housing loan control
%. Another significant impact toward real estate business was the Bank of Thailand housing loan control measure (Loan-to-Value: LTV). The measure had direct effect on the consumers’ purchasing power. However
, we focused on development of loan products for comprehensive needs. One notable initiative was the launch of K-Home for Cash and mortgage services for customers seeking to apply for housing loan for
KBank in conducting co-promotion activities to expand our home loan customer base in viable areas. To differentiate ourselves from peers and meet customer needs, KBank offers comprehensive home-related
2,647.55 million. This year, the Company recognized sale not only from its low-rise housing projects but also from the Park Court condominium units. The company had number of bookings which would be able to
ability, which may curb demand for secured loans, especially housing loan. Meanwhile, debt quality still needs close watch given the complexity of its management, taking into account the tackling of
property developer which received pre-finance assistance from KBank in conducting co-promotion activities to expand our home loan customer base in viable areas. Catering for senior citizens and their
installment payment, along with more relaxed conditions and fewer documents required. Meanwhile, we shifted our focus to home loan refinance and K-Home for Cash to cope with the slowdown in housing loan after