has heavy reliance on tourism and export, both of which depends largely on global economic recovery based on pandemic risk being subsided. Widespread exercise of social distancing as well as domestic
high level of household debt limiting widespread consumption 2) Escalating trade tension between US and the rest of the world including a slowdown in the Chinese economy which could negatively impact
coronavirus pandemic (COVID-19) that caused widespread economic disruption. The Bank of Thailand has lowered its GDP forecast for year 2020 from the previous expected growth of 2.8% to be at -5.3%. Foreign
directives. Later, COVID-19 pandemic situation in Thailand saw positive signs, the government and government agencies eased restrictions to control the epidemic widespread of COVID-19 and issued measures to
started in January in China and has since spread to several countries. Measures to contain the outbreak imposed by several countries have led to widespread slowdown in economic activities. Private
widespread damage, either under Thai or foreign laws; (3) being currently subject to a criminal complaint or legal prosecution for an offense concerning property by a relevant agency, only for a cause arising
arise from the implementation of the new accounting standard. Enhancement of processes and econometric models for stress testing to ensure that KBank’s business growth is in line with our risk appetite
arise in a timely manner prior to deterioration of customers’ debt servicing capability and overall credit quality of KBank. Customers’ credit line utilization has been reviewed and customer status has