Public Sector Bonds Sovereign Treasury revenues Solar FiT support or subsidy policies Potential NAMA bonds Public Agencies Municipal authorities Treasury revenues Roll-out of solar power generation on

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

, businesses and payment have shifted into the digital realm. Meanwhile, cyber threats have become more sophisticated, as seen from their application of state- of-the-art technologies. Against this backdrop

endeavor is intended to extend our service capabilities beyond the banking realm. In this quarter, we placed greater importance on system management beyond just financial service provision, especially with

to them being considered as connected persons of the Company. As of the date of this information memorandum, limited partners mainly comprise investors who are pension funds, sovereign wealth funds

information memorandum, limited partners mainly comprise investors who are pension funds, sovereign wealth funds, family offices, insurance companies, endowment funds, and fund of funds. Specific details of the

hold or transact in trading instruments presenting a conflict of ctivities. 2.11 In instances where rated entities or obligors (e.g., sovereign nations or states) have, or are simultaneously pursuing

positive following sovereign outlook in April 2020. On April 2, 2020, Fitch Ratings revised BBL’s ratings due to large-scale economic disruptions from the Covid-19 pandemic. Details of the Bank’s credit

for: • Project bonds • Corporate bonds (asset-linked) • Portfolio bonds • Asset-backed securities • Sovereign (programmatic) bonds. Criteria are available for wind and solar assets. Other key investment

-financial services in order to meet customers’ needs beyond the banking realm in a bid to broaden our customer base in the digital age. Our key operations in three main customer segments in the first quarter