focus from various stakeholders. Leading & significant future trends Environment, Social and Governance (ESG) Movement & agenda Dematerialized world – the rise of Intangible capital 3 Increasing
the mechanism for supervising the service industry related to electronic transactions has been streamlined for enhanced clarity and in alignment with digital development for the economy and society
Thai Baht’s rise. Meanwhile, domestic interest rates dropped across all maturities. The Monetary Policy Committee (MPC) resolved to slash the policy rate by 25 basis points in its August 2019 meeting
attributed to a rise in non-interest income, especially net profit from investment. Meanwhile, net interest income maintained its growth even though net interest margin (NIM) dropped as a result of impacts
, commercial banks recorded increased net profit over-year and over-quarter. The rise could be attributed to decrease in impairment loss on loan and debt securities coupled with higher growth in overall loans
. Page 3 of 6 Residential Business As the Company’s high-rise projects – namely ‘The ESSE Asoke’ (75% sales progress, tentative transfer in December 2018), ‘The ESSE at Singha Complex’ (91% sales progress
key revenue contributors, contributing 41% and 36% of total revenues in the FY2017. Residential Business As the Company’s high-rise projects – namely ‘The ESSE Asoke’ (76% sales progress, tentative
period of last year. The increase was derived from fees earned from loans, underwriting, private wealth management and mutual fund sales. Net interest income continued to rise. Likewise, net interest
to deliver fewer rate hikes than last year, even though the policy rate will continue to rise incrementally in 2019. At the same time, the European Central Bank and the Bank of Japan may keep their
margin decreased 5% from Q1/2018, because of the growth rate of natural gas price and the rise in finance cost from interest payment and short-term loan financing fee related to the acquisition of GLOW