indicated that in the third quarter of 2019, credit demand from the business sector improved from the previous quarter, due to loan demand from large corporates, particularly for working capital in the
the export sector, although it has a better outlook in the third quarter. In additions, the household debt rate remained high, the Company, therefore, implemented a more stringent credit lending policy
Holding Company investing in retail business such as mobile phone distribution and accessories, non-performing debt management, real estate development, hire purchase (associated company), personal loan
debt securities for 1Q19 totaled Baht 485 million, increasing by 11.7% when comparing to Baht 434 million yoy. Loan loss provisions (excluding general reserve) and including loss from sale of repossessed
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
result of an increase in total outstanding, especially personal loan product. However, the Company has continued improving efficiency in debt collection and credit judgment. - Finance Cost In the first
encourage people to save less and spend more. According to personal loan statistical data from the National Credit Bureau (NCB), there are three concerning signs: 1) Thai people are in debt faster – one out
: Million Baht 3Q/18 2Q/19 3Q/19 %QoQ %YoY 9M18 9M19 %YoY Credit card income Loan income Hire-purchase income Other income 1,914 2,689 111 511 1,887 3,020 173 584 1,897 3,048 192 841 1% 1% 11% 44% -1% 13% 73
for 3Q18. Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht 10,779 million with outstanding Baht 4,500 million in general reserve. The total loan loss