across broader range of businesses and wider geographical areas. Meanwhile, consumer loans expanded in all purposes, particularly auto loans. However, commercial banks remained cautious in lending as their

laws. Institutional Investors need to be cautious and ensure compliance with applicable laws and regulations. 50 1 1 Acting in concert rules apply for the gaining of control (normally for the management

as commercial banks are expected to maintain a cautious stance in their business operations, especially through a proactive approach in asset quality management. Over the short term, however, they may

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...

, particularly from large corporate and SME. However, the commercial banks remained cautious in lending as the loan quality continued to deteriorate especially SME loan. Overall NPL ratio increased marginally from

2017, overall commercial bank lending increased from the previous quarter and showed sign of improvement in line with the economic condition. However, commercial banks remained cautious in lending as

commercial bank lending increased from the previous quarter and showed sign of improvement in line with the economic condition. However, commercial banks remained cautious in lending as their continue concern

export sector according to the economic direction. However, the commercial banks remained cautious in loan credits as their concern on loan portfolio quality which is non-performing, especially household

according to the economic direction. However, the commercial banks remained cautious in loan credits as their concern on loan portfolio quality which is non-performing, especially household and small business

Thailand’s economic expansion. However, the commercial banks remain cautious in lending as the loan quality continued to deteriorate especially SME loans reflecting the impact of past economic slowdown. The