only gradually picked up. Even then, such growth remained uneven; improvement was seen only in certain businesses and in some areas. On the downside, however, trade policy uncertainty, in particular
assets as well as guidance on the tracking of eligibility status during the term of the bond. Their draft recommendations are refined through engagement with finance industry experts in convened Industry
is expected to be slow growth driven by tariff barriers of international trade such as an increasing of the tax on refined palm oil by India government, attributed to continuously pressure on crude
oils that were further refined to add more value to the product. Since the market has begun trading Low Sulphur Fuel Oil adhering to the IMO standards that would take effect on the 1st January 2020
%). Mainly, from the increase in trade of crude oil and Low Sulphur Fuel Oil products that has been refined to add more value to the product ( IMO Low Sulfur Fuel Oil) . Furthermore, the company earned
durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our
was uneven, with improvement concentrated in only certain industries. Under these circumstances, KBank has developed effective credit risk management policies, tools and processes to cope with potential
businesses. Focus has been on formulating area- based lending strategies given the uneven economic recovery. We continued to prioritize risk assessment through prudent screening and close monitoring of
Risk Management During the first quarter of 2018, the Thai economy saw an uneven recovery amid limited growth in consumption, weak farm income and risks from uncertain trade policies and protectionist
the cost of crude refined in Q2/2017 still reflect the crude cost of Q1/2017, resulting in inventory loss for the quarter in the amount of THB 1,010 million (included LCM THB 7 million). However, there