determines that FA independence will be impaired in cases where FA or commercial bank in the same conglomerate has granted a loan to any securities issuer or sponsor disposing asset into real estate investment
related parties amounted to Baht 54.09 million and impaired on investment Baht 5.45 million. Conclusion : The Group reported a profit for the six-month period ended June 30, 2018 showed a loss of Baht 83.66
forecasts signaling GDP will fall by up to 6% compared to 2019. The export sector has been affected by declining demand from trading-partner countries, while the tourism sector has been severely impaired by
Phatra Asset Management name changed effective from September 28, 2020 2 Excluding loans classified as Purchased or originated credit-impaired (POCI) 3 The Bank current level of capital remains strong and
including appropriate and sufficient personnel to be able to operate the securities brokerage business efficiently. The public prosecutor issued a prosecution order; however, attempt to arrest the juristic
sufficient personnel to be able to operate the investment advisory service business efficiently. The public prosecutor issued a prosecution order; however, attempt to arrest the juristic person representatives
longer necessary for a credit- impaired event to have occurred. The Company applies the impairment approach to financial assets that are credit-impaired upon the initial purchase or acquisition and a
policies. When recognizing expected credit losses on the Company’s financial assets, it is no longer necessary for a credit- impaired event to have occurred. The Company applies the impairment approach to
banks will continue to focus on managing loan quality. However, with a relatively high level of capital and the regular setting aside of additional provisions, commercial banks will be able to handle
business requires the Company recognize an allowance for expected credit losses on its financial assets and it is no longer necessary for a credit-impaired event to have occurred. 4. Income tax expense