reclassification of risky industries, and those industries under control. At the same time, KBank has remained cautious in credit underwriting of retail customers’ loans (consumer loans), and focused mainly on

around the globe turned cautious as investors resorted to increasing their holdings of safe-haven assets, prompting Thai and US bond yields to drop across all maturities. The Federal Reserve was thus

vulnerable, however, many central banks may adopt a cautious stance in their monetary policies, primarily taking into account the right timing to mitigate possible foreign exchange volatilities as well as

trend. Amid the trade rift which may make the global economic recovery vulnerable, however, many central banks are likely to adopt a cautious stance in their monetary policy while also placing their focus

expansion of the economy, better loan management in the commercial banking system, banks’ cautious lending policies, and the Bank of Thailand’s macroprudential measures to control risky loans. Moreover, banks

economic environment, the growth of commercial bank lending will likely slow. Banks will closely and continuously monitor loan portfolios and adopt cautious lending policies. This, coupled with the Bank of

pace. However, commercial banks will still be cautious in their lending policies. The relatively high level of capital and increases in reserves will continue to provide a cushion for the system’s NPL

or loss under the TFRS9. All in all, most commercial banks adopted a cautious stance in asset quality management as NPLs to total loans edged higher. As of the end of the first quarter of 2020, net

seen in both public and private investment. Nonetheless, commercial banks may still adopt a cautious stance in their business operations amid the lingering debt quality problem, which still needs some

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2019 In the first quarter of 2019, the Thai economy continued to sustain its growth. Overall, however, it was plagued by weak exports and tourism amid the global economic slowdown. Aside from these challenges, businesses had to contend with more complex competition, regulatory changes, and technological advancements which affected consumer behavior. KASIKORNBANK has e...