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

still be necessary to support a more robust growth in domestic demand, which would foster the return of inflation to the target range. The 2018 economic growth is expected to be within a range of 4.0-4.5

came in at 1.47 percent, up from 1.31 percent in the second quarter and within the Bank of Thailand’s target range of 1-4 percent. At the same time, core inflation for the third quarter was 0.78 percent

would be contained within the second quarter of 2020 while only taking into account the results of relief measures that the government has already implemented). The International Monetary Fund (IMF

Capital Adequacy Ratio (CAR) and Common Equity Tier 1 ratio (CET1) stood at 19.6 percent and 16.0 percent, respectively. The evolving business environment in 2019 required commercial banks in Thailand to

incentives, such as tax privileges for investment in research and development. Concurrently, the country’s long-term direction will emphasize regional cooperation, both within ASEAN, especially within the CLMV

traction, buoyed by both domestic and international factors. However, the business sector faced rising challenges, namely various forms of competition, a borderless marketplace within the ASEAN Economic

transactions, and thus slash our cash management costs, leading to reduced costs for our customers and within the overall economic system in the long run. Within this context, KBank and K Companies accentuate

fragile, others remained mired in uncertainty in terms of new modes of competition, a broader marketplace within the ASEAN Economic Community (AEC) and the digital age, along with external changes

) was thus equal to 3.32 percent, decreasing over-quarter, but still within the set target of 3.30-3.50 percent. Moreover, other operating expenses rose Baht 21 million or 0.13 percent over-year, due