provisions including loss from sale of repossessed cars (credit cost) stood at 1.37% of average loan for 3Q19. Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht
provisions including loss from sale of repossessed cars (credit cost) stood at 1.37% of average loan for 3Q19. Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht
rates on credit card from 18% to 16% per annum and personal loan from 28% to 25% per annum, effective from August 1, 2020 onward. However, the company focuses on promoting sales through online channels to
ranking as the number one in the country of debt management business for Non-Performing Loans (unsecured loan). It is due to the situation of household debt in the country that has been increasing in the
% for 2018 declining slightly comparing to 48.2% during 2017. Impairment loss on loans and debt securities for 2018 totaled Baht 1,245 million, increasing when comparing to Baht 763 million yoy. Loan loss
and allowance for troubled debt restructuring amounted to Baht 10,853 million with outstanding Baht 4,500 million in general reserve. The total loan loss reserve to total mandatory reserve ratio stood
from revaluations stood at 47.5% for 2Q18 comparing to 47.3% yoy. Bad debts and doubtful accounts and loss on debt restructuring totaled Baht 489 million, increased from Baht 456 million in 2Q17. Loan
loss on loans and debt securities for 2018 totaled Baht 1,245 million, increasing when comparing to Baht 763 million yoy. Loan loss provisions (excluding general reserve) and including loss from sale of
level as the previous quarter. This was mainly contributed from an increase in credit card income by 14%, personal loan income by 15% and other incomes in bad debt recovery and collection service income
’ burden by reducing minimum payment for credit card and personal loan as well as providing a grace period and relief program in the first quarter of 2020. Moreover, the Company adopted a more cautious in