percent contraction in 2009, but the impact was limited: the economy grew by 7.8 percent in 2010. The historic flooding of 2011 led to a small contraction, however the economy grew 4.7% in 2012 and is
quality, the Non-Performing Loans (NPLs) continue to show improvement with the Non- Performing Loans (NPLs) to total loans ratio at the end of 2018 declining to 4.1% from 5.0% at the end of 2017. On Special
and services segment showed improvement during the last quarter of the year as a result of the government’s economic stimulus. Private investment contracted in all investment categories from the
2019, credit demand from the business sector improved from the previous quarter, due to demand for loans from large corporates, and small and medium sized businesses. Demand for home loans from the
supported by the improvement in farm income. Nevertheless, signs are pointing to the slowing momentum of car sales which could be indications of market saturation and could potentially lead to price
first six months totaled 523,770 units, growth of 7.1%. The passenger vehicle and commercial vehicle segment expanded by 8.5% and 6.2% yoy respectively with growth supported by the improvement in farm
loan portfolio for the year 2018 expanded at 18.5% from the end of 2017 across all loan segments. For asset quality, the Non-Performing Loans (NPLs) continue to show improvement with the Non- Performing
. During 1Q21, the Bank has received additional requests for financial assistance but the number of requests so far has been small. For customers requiring financial assistance, the Bank has been assisting
smart solutions to improve the efficiency and productivity of their businesses. Nonetheless, economic concerns also persisted in this customer segment, especially in small and medium enterprises, and
improvement. Compared to the prior quarter, the figures edged higher in line with increased brokerage fees from securities business, bancassurance fees and management fees. NPLs to total loans edged up slightly