, in consistence with the current market conditions. Moreover, as the SEC aims to enhance investors? knowledge and encourage them to make prudent investment decision based on proper information, the new
exchange rates. KBank hence prioritized effective risk management in order to cope with economic uncertainties both at home and abroad. We adopted a prudent credit policy, accounting for customer potential
) Page 2 of 15 Major Events in 1Q20 An operational management of business during COVID-19 pandemic situation The Company provided utmost cooperation to strictly comply with the government measures by
, “Management Report”. B prudent consideration on factors in line with uncertainties stemming from the continued economic slowdown. At the end of 2019, our robust capital position was sufficient to cushion
services in line with IT-related service policy and acceptable risk appetite. KBank is in the process of establishing relevant policies and operational procedures as well as investment and income ratio of IT
otherwise entitled. Clause 3 Intermediaries shall identify its critical functions, assess their risks of major operational disruptions, conduct business impact analysis and assess potential damages arising
aware of the necessity and the importance of compliance inspection including the understanding of the policy and the guideline; (2) Authorises the head of operational and business unit to monitor and
) Authorises the head of operational and business unit to monitor and control the staff under their supervision to comply with the policy and guideline; (3) Prescribe the guideline for course of actions where
letter of credit issued by a foreign financial institution as collateral. KBank has put in place operational procedures to accommodate these new regulations along with preparation for other relaxations by