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

consumption by industrial sector decreased by 1.7% due to the economic slowdo wn of the main trading partners, as well as the more cautious stance of the financial institutions in granting loans, resulting in

helped offset the impact from cancellation of fees for funds transfer via digital channels. Most commercial banks remained cautious in setting aside allowance for impairment loss on loans as loan quality