similar level to the previous year. Hence, CPN continues to implement effective and cost management and prudent cost control measures to maintain its profitability. In 2Q19, net profit stood at THB 2,701 mn

same level as the previous quarter. The Bank continued to focus on prudent control over credit underwriting and to ensure loan quality and the allowance for doubtful accounts to maintain at the

line with the prudent approach of setting aside adequate provisioning expenses, the Bank’s total allowances for doubtful accounts amounted to Baht 147.2 billion, which will provide a cushion against any

effective cost management and prudent cost control measures to maintain its profitability. In 3Q18, net profit stood at THB 2,620 mn, a 5.5% increase YoY. Net Profit In 3Q18, CPN reported a net profit of THB

prudent management. The reserves are to provide a cushion against the increasing uncertainty from the economic contraction due to the impacts from Covid-19 which are still difficult to predict the final

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

Division, Market Risk Management Sub-committee and Risk Management Committee, to maintain risks within prudent limits. 2.3 Liquidity Risk Management Overall liquidity in the Thai banking system was stable in

management company shall assess the capability and be prudent in an establishment of a fund in order to ensure that such establishment has been done in accordance with the relevant laws and related

Preparation of Prospectus Objective A management company shall assess the capability and be prudent in an establishment of a fund in order to ensure that such establishment has been done in accordance with the

2019 Case study – dedicated approach 48 Board level oversight: Board Chair Management responsibility for implementation: Sustainability Steering Committee IncentivesFrequent reporting Source: CDP 2019