and to enhance the financial services with expertise in wealth management, digital banking and trade finance of CTBC Bank through Land and Houses Financial Group which consists of; - LH Financial Group

Companies, LH Financial Group Public Company Limited was rated in the top level of "Excellence : 5 Stars". Overview of Economy and Competition in Commercial Banking In the second quarter of 2017, the Thai

providing seamless financial services whether in commercial banking or capital market business. All companies will use a new logo designed based on a combination of the existing logos of Kiatnakin Bank and

Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the Second Quarter of 2017 1 1.2 Banking Industry and Competition 2 1.3 Regulatory Changes 3 2. Risk

needs under the “Segment of One” while also placing emphasis on the offering of financial innovations and products, including those of the “Beyond Banking” realm, in order to deliver an excellent customer

2020 1 1.2 Banking Industry and Competition 2 1.3 Significant Regulations and Rules related to Business Operations 3 2. Risk Management and Risk Factors 7 2.1 Credit Risk Management 7 2.2 Market Risk

awards we received in this quarter. B Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the First Quarter of 2019 1 1.2 Banking Industry and

V3 22/02/61 10:09 น. 0 V3 22/02/61 10:09 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2017 In 2017, Thailand’s real GDP grew by 3.9 percent, up

Commercial Banking In 2019, the Thai economy grew at a slower pace than the previous year and below its potential. Growth is estimated at 2.5%, the lowest level since 2015 and a significant drop from 4.1% in

Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2017 Page 4/22 Overview of Economy and Competition in Commercial Banking The Thai economy in the third quarter of