geopolitical situations remain risk factors affecting economic activities of Thailand’s trading partners. At the same time, uneven recovery of household purchasing power may be further hindered by the floods in

only gradually picked up. Even then, such growth remained uneven; improvement was seen only in certain businesses and in some areas. On the downside, however, trade policy uncertainty, in particular

director. The executive director is authorised to determine, alter the conditions and details regarding the issuance and offer of each types of debentures in each time; to undertake any further necessary

scope of power of the executive director. The executive director is authorised to determine, alter the conditions and details regarding the issuance and offer of each types of debentures in each time; to

, 2019. Furthermore, the Board of Director of the Company has passed the resolution to confer power to determine, alter the date, time, and venue of the 2019 Annual General Meeting of Shareholders; to

Impact Figure 1 Climate-Related risks, opportunities, and financial impact Scenario analysis: a tool for forward-looking disclosure 33 • Explore alternatives that may significantly alter the basis for

durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our

was uneven, with improvement concentrated in only certain industries. Under these circumstances, KBank has developed effective credit risk management policies, tools and processes to cope with potential

businesses. Focus has been on formulating area- based lending strategies given the uneven economic recovery. We continued to prioritize risk assessment through prudent screening and close monitoring of

Risk Management During the first quarter of 2018, the Thai economy saw an uneven recovery amid limited growth in consumption, weak farm income and risks from uncertain trade policies and protectionist