June 30, 2020, Moody’s Investors Service and S&P Global Ratings maintained the Bank’s credit ratings from the end of March 2020 and the end of December 2019 and changed the outlook to stable from
/62 16 Credit Ratings As of September 30, 2019, Moody’s Investors Service, S&P Global Ratings and Fitch Ratings maintained the Bank’s credit ratings from the end of June 2019 and the end of 2018. In
selling prices were maintained. • The revenue from selling steam increased by Baht 71 million from the increase in sales volume by 30 thousand tons due to maintenance shutdown of major customers in Q3/2018
greater card spending in response to government measures to create user confidence via enhanced security in card spending. 3.4 Service Channels KBank maintained our commitment to developing efficiency in
first quarter of 2018, KBank maintained our commitment to developing efficiency in all our core service channels, in order to raise our capacity to reach our customers and deliver them excellent service
previous forecast of 3.9 percent. Regarding monetary policy of central banks worldwide, the US Federal Reserve maintained its tightening stance by raising its policy rate and continuing to reduce its massive
in Thailand maintained their good performance with adequate capital to support their business operations. The combined net profit of the Thai commercial banking system was Baht 207.2 billion, a 10.8
V3 27/02/63 0 V3 27/02/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2019 In 2019, the Thai economy grew by 2.4 percent year-on-year, down from 4.2 percent in 2018. Against the backdrop of a global trade slowdown and US-China trade uncertainty, merchandise exports and imports for the year contracted by 2.7 and 4.7 percent from 2018, respectively. Private investment slowed to 2.8 percent from 4.1 percent in 2018 while manufacturing production...
EBITDA during this quarter. 5. Bangchak Retail Co., Ltd. has constantly maintained the development and expansion of its business, as of Q1/2019 the number of Inthanin Coffee branches increased by 6