managing liquidity appropriate to the changing environment and in compliance with Bank of Thailand’s regulations on the Liquidity Coverage Ratio (LCR) and the Net Stable Funding Ratio (NSFR) requirements

prices and slower decline in fresh food prices. However, inflation remained below the Bank of Thailand’s target range of 1-4 percent. Core inflation is registered at 0.49 percent, down from 0.76 percent in

same quarter last year and below the Bank of Thailand’s (BOT) target range of 1-3 percent. Core inflation was 0.13 percent, down from 0.54 percent in the same quarter last year. The average exchange rate

quarter of 2019 was 1.08 percent, down from 1.31 percent in the same quarter last year, and up from 0.74 percent in the previous quarter. It remained within the Bank of Thailand’s (BOT) target range of 1-4

rate in the last quarter, due to the decline in the prices of fresh food and energy. Inflation is therefore below the Bank of Thailand’s target range of 1-4 percent. Core inflation registered at 0.47

year. As the loan quality was relatively stable, the ratio of gross non-performing loans (NPL) to total loans was 2.9 percent, nearly the same level at the end of 2017. The Bank of Thailand’s Senior Loan

production. Headline inflation in the third quarter of 2019 was 0.61 percent on average. During the first nine months of 2019, headline inflation averaged at 0.81 percent, which is lower than the Bank of

be effective in 2020, the Thai commercial banking system will be more stable and able to support loan expansion in the next phase. Overall Picture of the Bank and its Subsidiaries Million Baht Item

will need to manage liquidity in line with the Bank of Thailand’s requirements to comply with the LCR and the Net Stable Funding Ratio (NSFR) guidelines, which require banks to hold sufficient liquid

stood at 0.64 percent, down from 1.25 percent in the same period last year due to the decline in raw food prices as a result of oversupply. However, the headline inflation remained below the Bank of