household. Although the deterioration in credit quality of commercial bank loans affected profitability, but Thai commercial banking system’s remained strong as banks continued to closely monitor credit
quarter of 2018 continued to improve. Export performance remained strong, with 12.3 percent year-on-year expansion. Tourism also continued to perform well despite the end of the high season, as tourist
and businesses with strong growth potential. Demand for loans from SMEs has slowed down and is concentrated in some areas, particularly Bangkok; while in the provinces demand is relatively stable
global fund manager signed the memorandum of understanding for investment as the business partner in potential enhancing and unlimit worldwide investment opportunities with the strong expertise in multi
strong start to regain customer’s confidence. Although the situation has recently improved and the shopping centers, the Company’s core business, are expected to re-open according to government orders, the
yields so the company and its subsidiaries have selected IFF, PF and REITs with strong foundations. As a result, the average dividend yield per year is around 7%, higher than the average annual dividend
policy tools if needed. The BOT has forecast an -8.1 percent for the Thai economy this year, a sharper contraction than the previous projection of -5.3 percent, due to lockdown measures for the strong
loan (NPL) ratio was at 3.6 percent with strong loan loss reserves to NPL at 183.4 percent. The Bank continued to focus on prudent control over credit underwriting and risk management to ensure loan
FROM THE CHAIRMAN (Suchart Jaovisidha) Chairman SCE_Eng_p.1-16 10/29/04, 1:05 AM4 5 In 2003, the bullish stock market was a good reflection of Thailandûs economic recovery with strong outlook and