circumstances. At the same time, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As evidenced, capital adequacy ratio (CAR) of KASIKORNBANK

CONGLOMERATE (the Conglomerate) according to the Basel III Accord was 19.10 percent, with a Tier 1 capital ratio of 16.76 percent, remaining a sufficient cushion against risk, and greater than the Bank of

the target. In this quarter, our impairment loss on loans and debt securities increased slightly from the prior quarter. At the same time, our robust capital position was sufficient to cushion against

effect of board gender diversity is significantly more pronounced when there are at least three female board members. Finally, we show that board gender diversity helps cushion the adverse impact of the

, “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

ratio was also close to the target, at 43.96 percent. At the same time, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As