be effective in 2020, the Thai commercial banking system will be more stable and able to support loan expansion in the next phase. Overall Picture of the Bank and its Subsidiaries Million Baht Item

regulations for Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) requirements. The preparation for TFRS 9 adoption, which will come into effect in 2020, and managing loan quality and NPL

Outlook Stable Stable Stable Standard & Poor’s Long-term Counterparty Credit Rating BBB+ BBB+ BBB+ Short-term Counterparty Credit Rating A-2 A-2 A-2 Senior Unsecured Debt Instrument BBB+ BBB+ BBB

, KBank applies world- class standards for liquidity risk indicators, such as the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR), in our liquidity risk control and management. KBank has

continual satisfactory growth. The SEC, as regulator and facilitator, remains committed to oversee and develop the Thai capital market to attain efficiency, transparency, integrity and be able to compete

product in the Jiangsu factory. In overall, Selling and administrative expenses in proportional to sale remain stable. While, financial costs increased due to increase in loans for new projects such as the

subsidiaries had stable financial status with very high liquidity and debt to equity ratio as low as 0.12 time, due to the proceeds of 164 million Baht from registered capital increase in January 2017, and from

146.93 million baht in the year 2017 compare to the year 2016 amount 148.73 million baht or decrease 1.80 million baht (1.21%) because sellling and administrative expenditures in this year were stable

and Debt to Equity ratio equal to 0.12:1 times, about the same as those of the same period of the previous year which were 7.76:1 and 0.10:1 times, respectively, indicating that the Company still stable

or 25.03% increase from the same period of last year. Details of each business units are:  VFX increased by THB 7.067 million or 59.20% compared to the same period of last year as a result of stable