Environment 1 1.1 Global and Thai Economy in 2019 and Outlook for 2020 1 1.2 Banking Industry, Competition and Emerging Risks 2 1.3 Significant Regulations and Rules related to Business Operations 5 2. Risk
economy remained in the doldrums, as evidenced by slowdowns in both advanced and emerging economies. Negative factors included the persistent US-China trade rift and concerns about a no-deal Brexit. Worse
Outlook for 2018 1 1.2 Banking Industry, Competition and Emerging Risks 2 1.3 Regulatory Changes 5 2. Risk Management and Risk Factors 8 2.1 Overall Risk Management 8 2.2 Risk Management 11 Credit Risk
the Board of Directors Meeting No. 11/2017, and the Board of Audit Committee No. 4/2017 held on 10 November, 2017 was recommended that the transaction is appropriate. In the Board of Directors Meeting
was recommended that the price and payment condition is appropriate. In the Board of Directors Meeting, when considering this connected transaction, directors who are connected did not attend the
efficient manner. South America is an important emerging market with a domestic demand for PET growing at around 5%. The value of the above acquisition, calculated in accordance with the regulations of the
recommended to study related information before making investment decision”; (3) in advertising long-term equity fund and retirement mutual fund, the securities company shall have a warning stating that
acquire additional information or prospectus; (2) a warning stating that “investment contains certain risks; investors are recommended to study related information before making investment decision”; (3) in
follows: (1) a statement related to how investors can acquire additional information or prospectus; (2) a warning stating that “investment contains certain risks; investors are recommended to study related
information or prospectus; (2) a warning stating that “investment contains certain risks; investors are recommended to study related information before making investment decision”; (3) in advertising long-term