credit losses totaled Baht 256 million, a decline of 47.1% comparing to Baht 485 million for 1Q19. The excess loan loss reserve after allowance for expected credit losses based on TFRS 9 at the 2 For 1Q20
Credit (SBLC) in the amount of up to USD 50 Million by the Company to Indo Rama Synthetics (India) Limited (“IRSL”), a connected party. Rationale of the transaction: Post-acquisition of equity stake and
characteristics to other existing debt securities, except for their core objective of financing projects that contribute to environmental conservation and/or social development. These products therefore are not
(“KTMS”) (3) General transaction description: Line of credit promissory note THB 3,750,000.00 Duration Within 1 year upon drawdown Interest rate 6.62% per annum Payment term Payable on demand for principal
underperformance of the car industry was consistent with the economy-wide economic slowdown and the credit tightening by financial institutions following signs of deterioration in loan quality. In the equity market
million. Moreover, there was increase in other assets of Baht 12.92 million from the increase in accounts receivable – credit card and deposit for goods. However, inventories decreased by Baht 8.41 million
branch. 3. Cash flow from (used in) financing activities The Company had a cash inflow from financing activities of Baht 14.39 million as a result of long-term loan drawdown to invest in fixed assets of
whose main products comprise home loans, credit cards and other types of financing, including loans for small and micro businesses, KBank deploys credit scoring as a credit approval tool, focusing on
equivalents short term loan from financial institutions decreased due to the repayment of packing credit and short term loans- letter of credit that matured during the year, inventory increased from finished
mainly due to cash and cash equivalents short term loan from financial institutions decreased due to the repayment of packing credit and short term loans- letter of credit that matured during the period