’ 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
revaluations stood at 46.8% for 2Q19, declining from 47.5% yoy. Impairment loss on loans and debt securities for 2Q19 totaled Baht 610 million, increasing by 25.0% when comparing to Baht 489 million yoy. Loan
for doubtful accounts and allowance for troubled debt restructuring amounted to Baht 11,085 million with outstanding Baht 4,500 million in general reserve. As of end of 2Q19, the total loan loss reserve
Company will, as part of the said debt restructuring, receive the financial assistance from Link Capital I under the Credit Agreement, with the loan amount of USD 71,000,000, or equivalent to THB
. After the purchase of the Trade Debt in 1., the Company entered into a credit agreement, dated January 22, 2017, (the “Credit Agreement”) with the loan amount of USD 71,000,000, or equivalent to THB
, the debt restructuring plan with the SSG Group consists of: • seeking a loan from Link Capital I (Mauritius) Limited (“Link Capital I”), a company in the SSG Group, with the loan amount of USD
launched KK SME3X, a new financial product focusing on small and medium-sized enterprises, using property as collateral with maximum credit line of three times the collateral value with maximum loan amount
) and including loss from sale of 7 repossessed cars stood at 1.18% of average loan for 1Q18. Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht 10,691 million
rates of interest 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, a change of customer behavior to be more