5.1% when compared to the fourth quarter of 2020, due mainly to the decrease in net gains (losses) on financial instruments measured at fair value through profit or loss and decreased by 37.5% when

cash loss is small measured against the scale of the crisis. KEY BUSINESS AND STRATEGIC UPDATES THE ADJUSTMENT OF MINIMUM GUARANTEE FOR PLANB o On 30 January 2020, MACO had entered into an Advertising

(YoY), net profit decreased by Baht 115 Million or 12.3 percent mainly from the decrease in revenue from the effect of COVID-19 outbreak in the year 2020 whereas there was an increase in expenses related

measured at an amount equal to lifetime ECLs. ECLs on these financial assets are estimated using a provision matrix based on the historical credit loss experience, adjusted for factors that are specific to

than loans, liquidity in the commercial banking system increased from the end of last year. Meanwhile, loan quality, measured by the ratio of non-performing loans (NPLs) to total loans, continued to

June 2017 showed that deposits grew by 3.9 percent and lending grew by 3.4 percent from the same period last year. Consequently, liquidity in the commercial banking system measured by Loan-to-Deposit

declines in gains on investments and net fees and service income. The decrease in net fees and service income was due to the exemption of transaction fees via digital channels and lower fees from loan

crowded places, asked for people cooperation to work from home and imposed the curfew from 10 p.m. to 4 a.m. starting from April 3, 2020 in order to limit the movement of people, which led to the decrease

2018 amounted to Baht 11,321 million, a decrease of Baht 2,346 million or 17.2 percent from the second quarter of 2018, due mainly to a decrease of Baht 1,215 million in dividend income, a decrease of

the year and from additional government measures to support low-income households, although these may gradually decrease. Private investment was also expected to slow down due partly to a decline in